# Mclaren Health Care Corp. 401(k) Plan
Source: https://planprovider.pro/companies/mclaren-health-care-corp-401k-plan

> Mclaren Health Care Corp.'s 401(k) plan: 754 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|—|—|

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