Plan Snapshot
- Plan Sponsor: Great Lakes Energy Cooperative, INC
- Sponsor EIN: 383321875
- Sponsor Address: 1323 BOYNE AVENUE, BOYNE CITY, MI, 49712
- Plan Type: 401(k)
- Total Participants: 153
- Total Assets: $37.7M
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 | 153 | $37.7M | $449,952 | $1.8M |
| 2023 | 159 | $33.1M | $430,877 | $1.6M |
| 2022 | 154 | $27.4M | $412,673 | $1.5M |
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 & YEO, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- YEO & YEO, P.C. — 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 | $65,292 | — | — | — | — |
| 2023 | $92,571 | $5,351 | — | — | — |
| 2022 | $11,122 | $5,520 | — | — | — |