Plan Snapshot
- Plan Sponsor: Methodist Children'S Home Society
- Sponsor EIN: 381240951
- Sponsor Address: 26645 W 6 MILE RD, REDFORD, MI, 48240
- Plan Type: 401(k)
- Total Participants: 145
- Total Assets: $1.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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. |
|---|---|---|---|---|
| 2024 | 145 | $1.0M | $118,499 | $306,306 |
| 2023 | 160 | $703,867 | $91,482 | $256,789 |
| 2022 | 149 | $343,060 | $66,266 | $229,769 |
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 |
|---|---|---|---|---|
| YEO & YEO PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- YEO & YEO PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $21,672 | — | $21,672 | — | — |
| 2023 | $16,643 | — | $16,643 | — | — |
| 2022 | $12,679 | — | $12,679 | — | — |