Plan Snapshot
- Plan Sponsor: Great Lakes Resources, INC.
- Sponsor EIN: 010786169
- Sponsor Address: 6055 N 91TH STREET, MILWAUKEE, WI, 53225
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 527
- Total Assets: $1.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 527 | $1.4M | $0 | $0 |
| 2024 | 525 | $925,045 | $3.5M | $1,938 |
| 2023 | 440 | $269,584 | $3.2M | $915 |
| 2022 | 410 | $184,663 | $2.0M | $5,158 |
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 |
|---|---|---|---|---|
| FCE BENEFIT ADMINISTRATORS, INC. | Other Service Provider | $184,881 | — | $184,881 |
| TRUST MANAGEMENT SERVICES | Other Service Provider | $31,579 | — | $31,579 |
| CLIFTONLARSONALLEN LLP | Other Service Provider | $24,150 | — | $24,150 |
| FIRST HEALTH GROUP CORP | Other Service Provider | $8,971 | — | $8,971 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $249,581
- Estimated Expense Ratio: 17.370% 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 |
|---|---|---|---|---|---|
| 2025 | $3,449,669 | — | $184,881 | $24,150 | — |
| 2024 | $299,176 | — | $179,846 | $23,100 | — |
| 2023 | $298,432 | — | $211,223 | $21,266 | — |
| 2022 | $211,396 | $16,355 | $151,952 | — | $20,475 |