Plan Snapshot
- Plan Sponsor: Joint Board Of Trustees
- Sponsor EIN: 260655485
- Sponsor Address: 6525 CENTURION DRIVE, LANSING, MI, 48917
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,286
- Total Assets: $27.4M
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. |
|---|---|---|---|---|
| 2024 | 1,286 | $27.4M | $1.1M | $0 |
| 2023 | 1,688 | $25.0M | $1.0M | $0 |
| 2022 | 1,532 | $22.2M | $1.2M | $0 |
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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY, LLC | Recordkeeper | $124,717 | — | $124,717 |
| BENDA, GRACE, STULZ & COMPANY, P.C. | Other Service Provider | $19,300 | — | $19,300 |
| TIC INTERNATIONAL CORPORATION | Other Service Provider | $16,610 | — | $16,610 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY, LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $160,627
- Estimated Expense Ratio: 0.586% 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 | $179,038 | $124,717 | $10,920 | $19,300 | — |
| 2023 | $210,186 | $144,771 | $10,675 | $18,750 | — |
| 2022 | $208,292 | $146,345 | $10,500 | — | $27,456 |