Plan Snapshot
- Plan Sponsor: Cancer & Hematology Centers Of Western Michigan, PC
- Sponsor EIN: 382777354
- Sponsor Address: 5800 FOREMOST DR SE SUITE 300, GRAND RAPIDS, MI, 49546
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $0 | $0 | $0 |
| 2023 | 0 | $4.8M | $467,384 | $1.3M |
| 2022 | 508 | $42.0M | $2.1M | $2.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $101,348 | — | $101,348 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $88,744 | — | $88,744 |
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $79,180 | — | $79,180 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $269,272
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | — | — | — | — | — |
| 2023 | $131,212 | $86,840 | — | — | — |
| 2022 | $165,412 | $115,656 | $49,756 | — | — |