Plan Snapshot
- Plan Sponsor: Greater Midland Community Center
- Sponsor EIN: 381534400
- Sponsor Address: 2205 JEFFERSON AVE, MIDLAND, MI, 48640
- Plan Type: 401(k)
- Total Participants: 195
- Total Assets: $7.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 195 | $7.0M | $205,706 | $365,915 |
| 2023 | 142 | $6.5M | $180,125 | $325,637 |
| 2022 | 146 | $5.4M | $117,945 | $269,331 |
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 |
|---|---|---|---|---|
| CHURCHILL PARTNERSHIP | INVESTMENT/FINANCIAL ADVI | $17,673 | — | $17,673 |
| ADP, INC. | RECORD KEEPER | $6,878 | — | $6,878 |
| ANDREWS HOOPER & PAVLIK PLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- ANDREWS HOOPER & PAVLIK PLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,551
- Estimated Expense Ratio: 0.350% 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 | $24,882 | $23,686 | — | — | — |
| 2023 | $46,183 | $29,419 | $12,499 | — | — |
| 2022 | $36,529 | $21,305 | $12,434 | — | $2,790 |