Plan Snapshot
- Plan Sponsor: Michigan Bac Pension Fund
- Sponsor EIN: 382895943
- Sponsor Address: 700 TOWER DRIVE, SUITE 300, TROY, MI, 480980000
- Plan Type: DB
- Total Participants: 1,097
- Total Assets: $195.0M
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. |
|---|---|---|---|---|
| 2025 | 1,097 | $195.0M | $0 | $0 |
| 2024 | 1,207 | $185.8M | $0 | $0 |
| 2023 | 1,140 | $166.8M | $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 |
|---|---|---|---|---|
| BENDA, GRACE, STULZ & COMPANY, P.C. | Auditor | $24,500 | — | $24,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,500
- Estimated Expense Ratio: 0.013% 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 |
|---|---|---|---|---|---|
| 2025 | $1,138,605 | $518,412 | $199,974 | $24,500 | — |
| 2024 | $967,665 | $369,361 | $152,584 | $23,600 | — |
| 2023 | $1,279,847 | $724,133 | $148,862 | — | $199,657 |