Plan Snapshot
- Plan Sponsor: Michigan Mutual, INC.
- Sponsor EIN: 383092473
- Sponsor Address: 911 MILITARY STREET, PORT HURON, MI, 48060
- Plan Type: 401(k)
- Total Participants: 208
- Total Assets: $19.3M
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 | 208 | $19.3M | $116,137 | $1.2M |
| 2023 | 217 | $16.6M | $117,380 | $1.2M |
| 2022 | 211 | $14.4M | $149,370 | $1.5M |
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 |
|---|---|---|---|---|
| PLANTE & MORAN PLLC | Auditor | — | — | $0 |
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 | $25,323 | — | — | — | — |
| 2023 | $26,579 | — | — | — | — |
| 2022 | $30,437 | — | — | — | — |