Plan Snapshot
- Plan Sponsor: Etna Shared Services, LLC
- Sponsor EIN: 201951356
- Sponsor Address: 4901 CLAY AVENUE SW, GRAND RAPIDS, MI, 495483074
- Plan Type: 401(k)
- Total Participants: 559
- Total Assets: $41.6M
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 | 559 | $41.6M | $825,503 | $3.4M |
| 2023 | 510 | $34.5M | $714,235 | $3.0M |
| 2022 | 478 | $28.6M | $648,752 | $2.6M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $91,647 | — | $91,647 |
| ROCKEFELLER CAPITAL MANAGEMENT | INVESTMENT ADVISORY | $32,988 | $24 | $33,012 |
| BRICKLEY DELONG | ACCOUNTANT | $12,740 | — | $12,740 |
| MERRILL LYNCH PIERCE FENNER & SMITH | CONSULTANT | $11,905 | $15 | $11,920 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $149,319
- Estimated Expense Ratio: 0.359% 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 | $149,299 | $38,956 | $91,647 | $12,740 | — |
| 2023 | $133,041 | $18,135 | $82,923 | $13,845 | — |
| 2022 | $120,157 | $12,375 | $81,707 | — | $26,075 |