Plan Snapshot
- Plan Sponsor: Family Medical Center Of Michigan
- Sponsor EIN: 382308659
- Sponsor Address: 8765 LEWIS AVENUE, TEMPERANCE, MI, 48182
- Plan Type: 401(k)
- Total Participants: 160
- Total Assets: $9.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 160 | $9.8M | $319,076 | $458,284 |
| 2023 | 158 | $9.7M | $295,088 | $451,151 |
| 2022 | 187 | $8.0M | $246,493 | $471,076 |
| 2020 | 135 | $9.1M | $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 |
|---|---|---|---|---|
| YEO AND YEO CPAS & BUSINESS CONSULT | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- YEO AND YEO CPAS & BUSINESS CONSULT — Auditor
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 | $41,553 | $31,282 | $10,271 | — | — |
| 2023 | $29,036 | $25,099 | $3,937 | — | — |
| 2022 | $30,622 | $26,559 | $4,063 | — | — |
| 2020 | $19,085 | — | — | $2,996 | — |