Plan Snapshot
- Plan Sponsor: Hulst-Jepsen Physical Therapy
- Sponsor EIN: 300002044
- Sponsor Address: 2120 43RD ST SE SUITE 100, GRAND RAPIDS, MI, 495083712
- Plan Type: 401(k)
- Total Participants: 143
- Total Assets: $10.0M
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 | 143 | $10.0M | $504,265 | $586,310 |
| 2023 | 133 | $7.6M | $396,382 | $455,198 |
| 2022 | 117 | $6.9M | $316,767 | $371,335 |
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 |
|---|---|---|---|---|
| RAYMOND JAMES FINANCIAL SERVICES | BROKER/ADVISOR | — | $17,552 | $17,552 |
| GLOBAL RETIREMENT PARTNERS, LLC | INVESTMENT ADVISOR | $14,279 | — | $14,279 |
| KDP RETIREMENT PLAN SERVICES | TPA-CONTRACT ADMIN | $396 | $5,400 | $5,796 |
| HUNGERFORD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS, LLC — INVESTMENT ADVISOR
- HUNGERFORD — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,627
- Estimated Expense Ratio: 0.375% 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 | $2,270 | — | $2,270 | — | — |
| 2023 | $1,337 | — | $1,337 | — | — |
| 2022 | $205 | — | $205 | — | — |