Plan Snapshot
- Plan Sponsor: Consumers Energy Company
- Sponsor EIN: 380442310
- Sponsor Address: ONE ENERGY PLAZA, JACKSON, MI, 492012276
- Plan Type: 401(k)
- Total Participants: 8,218
- Total Assets: $2.9B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 8,218 | $2.9B | $92.6M | $102.8M |
| 2023 | 8,216 | $2.5B | $91.4M | $102.5M |
| 2022 | 8,702 | $2.1B | $92.4M | $101.8M |
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 |
|---|---|---|---|---|
| REHMANN ROBSON LLC | 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 | $796,387 | $354,718 | — | — | — |
| 2023 | $787,360 | $382,078 | — | — | — |
| 2022 | $979,283 | — | — | — | — |