Plan Snapshot
- Plan Sponsor: Mid-Michigan Industries, INC.
- Sponsor EIN: 382001352
- Sponsor Address: 2426 PARKWAY DRIVE, MT. PLEASANT, MI, 488584723
- Plan Type: 401(k)
- Total Participants: 129
- Total Assets: $2.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 129 | $2.5M | $45,681 | $115,465 |
| 2023 | 104 | $2.7M | $46,880 | $111,306 |
| 2022 | 108 | $2.3M | $36,921 | $95,044 |
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 |
|---|---|---|---|---|
| BLYSTONE & BAILEY, CPAS, PC | 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 | $16,995 | $13,713 | — | — | — |
| 2023 | $12,414 | $11,989 | — | — | — |
| 2022 | $12,710 | — | $12,710 | — | — |