Plan Snapshot
- Plan Sponsor: Mclaren Health Care Corp.
- Sponsor EIN: 382397643
- Sponsor Address: ONE MCLAREN PARKWAY, GRAND BLANC, MI, 48439
- Plan Type: 401(k)
- Total Participants: 754
- Total Assets: $54.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 754 | $54.3M | $1.6M | $2.7M |
| 2023 | 757 | $49.9M | $1.4M | $2.4M |
| 2022 | 762 | $43.8M | $1.2M | $2.0M |
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 | NONE | $39,368 | — | $39,368 |
| PLANTE MORAN | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,368
- Estimated Expense Ratio: 0.073% 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 | $33,697 | — | — | — | — |
| 2023 | $35,978 | — | — | — | — |
| 2022 | $43,070 | — | $34,535 | — | — |