# Metropolitan Enterprises 401(k) Plan
Source: https://planprovider.pro/companies/metropolitan-enterprises-401k-plan

> Metropolitan Enterprises&#39;s 401(k) plan: 214 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Metropolitan Enterprises

- **Sponsor EIN:** 383062222

- **Sponsor Address:** 2122 HEALTH DR SW STE 260, WYOMING, MI, 495199606

- **Plan Type:** 401(k)

- **Total Participants:** 214

- **Total Assets:** $23.3M

## 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:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|214|$23.3M|$0|$0|

| 2023|220|$21.5M|$0|$0|

| 2022|226|$19.7M|$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|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$20,930|—|$20,930|

| ROCKEFELLER CAPITAL MANAGEMENT|INVESTMENT ADVISORY|$11,518|$9|$11,527|

| HUNGERFORD|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [HUNGERFORD](https://planprovider.pro/provider/hungerford-nichols) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $32,457

- **Estimated Expense Ratio:** 0.140% 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|$36,502|$15,571|$20,931|—|—|

| 2023|$43,068|$20,245|$22,823|—|—|

| 2022|$37,092|$12,144|$24,948|—|—|

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