Plan Snapshot
- Plan Sponsor: Mary Free Bed Rehabilitation Hospital
- Sponsor EIN: 381359265
- Sponsor Address: 235 WEALTHY SE, GRAND RAPIDS, MI, 495035299
- Plan Type: 403(b)
- Total Participants: 2,361
- Total Assets: $157.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 2,361 | $157.9M | $6.2M | $9.9M |
| 2023 | 2,225 | $137.3M | $6.1M | $9.0M |
| 2022 | 2,172 | $112.5M | $5.7M | $8.8M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $325,938 | — | $325,938 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $35,452 | — | $35,452 |
| 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: $361,390
- Estimated Expense Ratio: 0.229% 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 | $363,510 | $35,452 | — | — | — |
| 2023 | $280,038 | — | — | — | — |
| 2022 | $314,452 | $23,921 | — | — | — |