Plan Snapshot
- Plan Sponsor: Consumers Energy Company
- Sponsor EIN: 380442310
- Sponsor Address: ONE ENERGY PLAZA, JACKSON, MI, 492012276
- Plan Type: DB
- Total Participants: 1,755
- Total Assets: $1.9B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,755 | $1.9B | $0 | $0 |
| 2023 | 1,820 | $2.0B | $0 | $0 |
| 2022 | 2,129 | $1.8B | $0 | $0 |
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 |
|---|---|---|---|---|
| AON INVT MGR | Recordkeeper | $579,039 | — | $579,039 |
| FIDELITY INVEST INSTIT OPER CO | Recordkeeper | $287,109 | — | $287,109 |
| NORTHERN TRUST | Custodian / Trustee | $268,787 | — | $268,787 |
| AON HEWITT | Actuary | $131,823 | — | $131,823 |
| EARNEST PARTNERS | Other Service Provider | $61,249 | — | $61,249 |
| PIMCO | Other Service Provider | $52,433 | — | $52,433 |
| METLIFE | Other Service Provider | $31,675 | — | $31,675 |
| FRANKLIN TEMPLETON | Other Service Provider | $14,748 | — | $14,748 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AON INVT MGR — Recordkeeper
- FIDELITY INVEST INSTIT OPER CO — Recordkeeper
- AON HEWITT — Actuary
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,426,863
- Estimated Expense Ratio: 0.074% 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 | $1,122,149 | — | — | — | — |
| 2023 | $1,991,403 | — | — | — | — |
| 2022 | $1,948,551 | $1,948,551 | — | — | — |