Plan Snapshot
- Plan Sponsor: Community Action Agency
- Sponsor EIN: 381795659
- Sponsor Address: 507 FIRST AVENUE NORTH, ESCANABA, MI, 498293931
- Plan Type: 403(b)
- Total Participants: 221
- Total Assets: $3.8M
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 | 221 | $3.8M | $137,683 | $206,181 |
| 2023 | 220 | $3.6M | $138,199 | $196,084 |
| 2022 | 205 | $3.1M | $116,184 | $168,468 |
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 |
|---|---|---|---|---|
| WIPFLI LLP | RECORDKEEPER | $19,516 | — | $19,516 |
| CREATIVE PLANNING, LLC | INVESTMENT ADVISOR | $15,078 | — | $15,078 |
| HAWKINS ASH CPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI LLP — RECORDKEEPER
- CREATIVE PLANNING, LLC — INVESTMENT ADVISOR
- HAWKINS ASH CPAS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,594
- Estimated Expense Ratio: 0.906% 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 | $34,694 | $15,078 | — | — | — |
| 2023 | $26,688 | $9,861 | — | — | — |
| 2022 | $25,954 | $12,783 | $13,171 | — | — |