Plan Snapshot
- Plan Sponsor: Michiana Area Electrical Workers Plan 4 Trust
- Sponsor EIN: 821241822
- Sponsor Address: 6525 CENTURION DRIVE, LANSING, MI, 48917
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,282
- Total Assets: $12.5M
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. |
|---|---|---|---|---|
| 2024 | 1,282 | $12.5M | $2.7M | $0 |
| 2023 | 989 | $10.3M | $2.9M | $0 |
| 2022 | 1,082 | $7.8M | $2.7M | $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 |
|---|---|---|---|---|
| FOSTER & FOSTER | Other Service Provider | $19,975 | — | $19,975 |
| BENDA, GRACE, STULZ & COMPANY, P.C. | Other Service Provider | $15,000 | — | $15,000 |
| MORGAN STANLEY | Investment Advisor | $12,990 | — | $12,990 |
| MAY, OBERFELL LORBER LAW FIRM | Other Service Provider | $8,748 | — | $8,748 |
| TIC MIDWEST | Other Service Provider | $7,075 | — | $7,075 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,788
- Estimated Expense Ratio: 0.508% 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 | $93,883 | $12,990 | $3,280 | $15,000 | — |
| 2023 | $64,002 | $8,399 | $3,000 | $14,500 | — |
| 2022 | $62,276 | $6,173 | $2,640 | — | $33,549 |