Plan Snapshot
- Plan Sponsor: Mclaren Health Care Corp.
- Sponsor EIN: 382397643
- Sponsor Address: ONE MCLAREN PARKWAY, GRAND BLANC, MI, 48349
- Plan Type: 403(b)
- Plan Number: 002
- Total Participants: 23,674
- Total Assets: $2.1B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 23,674 | $2.1B | $0 | $0 |
| 2024 | 18,139 | $1.9B | $49.6M | $90.8M |
| 2023 | 18,007 | $1.7B | $47.9M | $85.8M |
| 2022 | 18,797 | $1.4B | $49.2M | $86.1M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Other Service Provider | $957,997 | — | $957,997 |
| EMPOWER ADVISORY GROUP, LLC | Other Service Provider | $211,702 | — | $211,702 |
| MCLAREN HEALTH CARE CORPORATION DBA | Other Service Provider | $149,363 | — | $149,363 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,319,062
- Estimated Expense Ratio: 0.062% 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 |
|---|---|---|---|---|---|
| 2025 | $186,360,174 | — | — | — | — |
| 2024 | $748,262 | — | — | — | — |
| 2023 | $716,383 | — | — | — | — |
| 2022 | $1,019,480 | $346 | $829,584 | — | $18,772 |