Plan Snapshot
- Plan Sponsor: Christian Living Services
- Sponsor EIN: 381366927
- Sponsor Address: 2100 RAYBROOK ST SE, GRAND RAPIDS, MI, 495467759
- Plan Type: 403(b)
- Total Participants: 1,488
- Total Assets: $45.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 1,488 | $45.8M | $942,454 | $3.2M |
| 2023 | 1,411 | $39.7M | $889,861 | $2.8M |
| 2022 | 1,369 | $32.0M | $792,276 | $2.6M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $175,711 | — | $175,711 |
| RAYMOND JAMES & ASSOCIATES, INC. | INVESTMENT ADVISORY | — | $65,931 | $65,931 |
| PLANTE & MORAN, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES & ASSOCIATES, INC. — INVESTMENT ADVISORY
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $241,642
- Estimated Expense Ratio: 0.527% of plan assets
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 | $175,711 | — | $175,711 | — | — |
| 2023 | $160,572 | — | $160,572 | — | — |
| 2022 | $149,770 | — | $149,770 | — | — |