# Methodist Children'S Home Society 401(k) Plan
Source: https://planprovider.pro/companies/methodist-children-s-home-society-401k-plan

> Methodist Children'S Home Society's 401(k) plan: 145 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/yeo-and-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|—|—|

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