Plan Snapshot
- Plan Sponsor: Frankenmuth Insurance Company
- Sponsor EIN: 380555290
- Sponsor Address: ONE MUTUAL AVENUE, FRANKENMUTH, MI, 48787
- Plan Type: 401(k)
- Total Participants: 880
- Total Assets: $231.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 880 | $231.8M | $4.7M | $7.7M |
| 2023 | 853 | $211.7M | $4.3M | $7.3M |
| 2022 | 808 | $181.5M | $3.9M | $6.7M |
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 | $208,412 | $69,427 | — | — | — |
| 2023 | $176,149 | — | $1,950 | $174,199 | — |
| 2022 | $197,185 | $65,000 | $118,285 | — | $12,900 |