Plan Snapshot
- Plan Sponsor: Employment Services, INC.
- Sponsor EIN: 383637814
- Sponsor Address: 110 W. CHISHOLM STREET, ALPENA, MI, 49707
- Plan Type: 401(k)
- Total Participants: 1,210
- Total Assets: $103.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 1,210 | $103.9M | $2.2M | $4.7M |
| 2023 | 657 | $90.0M | $2.1M | $4.4M |
| 2022 | 648 | $72.8M | $2.0M | $4.2M |
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 | $159,634 | $80,164 | $79,470 | — | — |
| 2023 | $85,092 | — | $65,200 | — | — |
| 2022 | $81,694 | $81,694 | — | — | — |