Plan Snapshot
- Plan Sponsor: M & K Employee Services, INC.
- Sponsor EIN: 200403563
- Sponsor Address: 8800 BYRON COMMERCE DRIVE, BYRON CENTER, MI, 49315
- Plan Type: 401(k)
- Total Participants: 1,007
- Total Assets: $35.5M
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 | 1,007 | $35.5M | $758,506 | $3.4M |
| 2023 | 858 | $29.6M | $776,658 | $3.3M |
| 2022 | 734 | $23.5M | $743,945 | $3.1M |
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 |
|---|---|---|---|---|
| WINTRUST PRIVATE TRUST COMPANY | TRUSTEE/RK/ ADVISOR | $105,213 | — | $105,213 |
| HUNGERFORD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HUNGERFORD — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $105,213
- Estimated Expense Ratio: 0.297% 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 | $105,213 | — | $91,864 | — | — |
| 2023 | $82,963 | — | — | — | — |
| 2022 | $77,252 | — | $77,252 | — | — |