Plan Snapshot
- Plan Sponsor: Indian Summer Co-Op, INC.
- Sponsor EIN: 382010989
- Sponsor Address: 3958 WEST CHAUVEZ ROAD, LUDINGTON, MI, 49431
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 464
- Total Assets: $2.8M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 464 | $2.8M | $0 | $0 |
| 2024 | 487 | $3.4M | $0 | $201,981 |
| 2023 | 489 | $3.2M | $337,525 | $171,330 |
| 2022 | 492 | $2.8M | $0 | $175,985 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | Other Service Provider | $5,025 | — | $5,025 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,025
- Estimated Expense Ratio: 0.178% 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 | $929,490 | — | $2,857 | — | — |
| 2024 | $2,627 | — | $2,627 | — | — |
| 2023 | $1,550 | — | $1,550 | — | — |
| 2022 | $400 | — | — | — | — |