Plan Snapshot
- Plan Sponsor: Michigan Community Services INC.
- Sponsor EIN: 382443447
- Sponsor Address: 5239 MORRISH ROAD, SWARTZ CREEK, MI, 48473
- Plan Type: 401(k)
- Total Participants: 561
- Total Assets: $5.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 561 | $5.6M | $64,484 | $305,225 |
| 2023 | 496 | $5.3M | $57,251 | $269,277 |
| 2022 | 506 | $5.1M | $55,261 | $263,002 |
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 |
|---|---|---|---|---|
| ROBERT F MURRAY & COMPANY CPAS P.C. | Auditor | $11,000 | — | $11,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,000
- Estimated Expense Ratio: 0.196% 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 | $11,786 | — | $786 | $11,000 | — |
| 2023 | $944 | — | $944 | — | — |
| 2022 | $896 | — | $896 | — | — |