Plan Snapshot
- Plan Sponsor: Dart Bank
- Sponsor EIN: 380464116
- Sponsor Address: 368 SOUTH PARK STREET, MASON, MI, 488540040
- Plan Type: 401(k)
- Total Participants: 291
- Total Assets: $31.0M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 291 | $31.0M | $1.0M | $2.0M |
| 2023 | 244 | $26.2M | $824,418 | $1.6M |
| 2022 | 212 | $20.8M | $935,126 | $1.3M |
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 |
|---|---|---|---|---|
| CAMBRIDGE INVESTMENT RESEARCH INC. | BROKER/ADVISO R | — | $50,455 | $50,455 |
| MANER COSTERISAN & ELLIS PC | AUDITOR | $11,500 | — | $11,500 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $10,662 | — | $10,662 |
| ELLIS BENEFITS GROUP INC | CONTRACT ADMIN | $7,140 | — | $7,140 |
| EMPOWER ADVISORY GROUP LLC | INVESTMENT MGMT | $7,099 | — | $7,099 |
| MANER COSTERISAN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MANER COSTERISAN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $86,856
- Estimated Expense Ratio: 0.280% 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 | $46,061 | — | $8,530 | — | — |
| 2023 | -$2,449 | — | -$2,449 | — | — |
| 2022 | $13,644 | — | $1,659 | — | $11,985 |