Plan Snapshot
- Plan Sponsor: Mclaren Health Care Corporation
- Sponsor EIN: 382397643
- Sponsor Address: ONE MCLAREN PARKWAY, GRAND BLANC, MI, 48439
- Plan Type: DB
- Plan Number: 005
- Total Participants: 0
- Total Assets: $6.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 0 | $6.0M | $5.2M | $0 |
| 2022 | 2,743 | $1.0B | $0 | $0 |
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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $1,711,351 | — | $1,711,351 |
| JPMORGAN CHASE BANK, N.A. | Recordkeeper | $158,270 | — | $158,270 |
| MILLER CANFIELD PADDOCK AND STONE | Other Service Provider | $117,748 | — | $117,748 |
| MERCER | Investment Advisor | $95,000 | — | $95,000 |
| PETER CHANG ENTERPRISES, INC. | Other Service Provider | $68,700 | — | $68,700 |
| K&L GATES | ERISA Attorney | $60,047 | — | $60,047 |
| COMERICA BANK | Other Service Provider | $55,597 | — | $55,597 |
| FUND EVALUATION GROUP, LLC | Other Service Provider | $45,903 | — | $45,903 |
| MCLAREN HEALTH CARE CORPORATION | Other Service Provider | $35,496 | — | $35,496 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — Recordkeeper
- JPMORGAN CHASE BANK, N.A. — Recordkeeper
- MERCER — Investment Advisor
- K&L GATES — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,348,112
- Estimated Expense Ratio: 39.006% 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 |
|---|---|---|---|---|---|
| 2023 | $733,641 | -$2,404,682 | — | -$54,200 | — |
| 2022 | $6,862,160 | $2,709,119 | $265,450 | — | $2,457,875 |