Plan Snapshot
- Plan Sponsor: Michigan Public Health Institute
- Sponsor EIN: 382963835
- Sponsor Address: 2436 WOODLAKE CIRCLE, SUITE 300, OKEMOS, MI, 48864
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 1,716
- Total Assets: $133.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 1,716 | $133.5M | $0 | $0 |
| 2024 | 1,158 | $108.1M | $7.5M | $6.0M |
| 2023 | 1,076 | $86.0M | $6.3M | $5.1M |
| 2022 | 990 | $66.4M | $5.4M | $4.5M |
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 |
|---|---|---|---|---|
| FIDELITY INVEST. INST. OPR. CO. | Other Service Provider | $165,677 | — | $165,677 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $165,677
- Estimated Expense Ratio: 0.124% 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 | $8,125,159 | $8,448 | $93 | — | — |
| 2024 | $164,834 | $8,210 | $393 | — | — |
| 2023 | $129,672 | $5,898 | $123 | — | — |
| 2022 | $190,389 | — | $190,389 | — | — |