Plan Snapshot
- Plan Sponsor: Cardinal Senior Management LLC
- Sponsor EIN: 473686652
- Sponsor Address: 940 MONROE AVE NW, SUITE 144, GRAND RAPIDS, MI, 49503
- Plan Type: 401(k)
- Total Participants: 959
- Total Assets: $964,151
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 959 | $964,151 | $55,541 | $215,367 |
| 2023 | 616 | $739,926 | $0 | $141,515 |
| 2022 | 550 | $591,013 | $0 | $162,216 |
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 |
|---|---|---|---|---|
| PLANTE MORAN | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $13,706 | — | — | — | — |
| 2023 | $10,746 | — | $1,050 | — | — |
| 2022 | $12,206 | — | $12,206 | — | — |