# Mymichigan Health 403(b) Plan
Source: https://planprovider.pro/companies/midmichigan-health-403b-plan

> Mymichigan Health's 403(b) plan: 10,440 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Mymichigan Health

- **Sponsor EIN:** 382459948

- **Sponsor Address:** 4000 WELLNESS DR, MIDLAND, MI, 48670

- **Plan Type:** 403(b)

- **Total Participants:** 10,440

- **Total Assets:** $818.1M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** Yes

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **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|10,440|$818.1M|$25.8M|$43.8M|

| 2023|8,042|$664.6M|$25.3M|$37.1M|

| 2022|6,800|$531.5M|$19.0M|$31.5M|

## 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 AND MORAN|Auditor|$12,915|—|$12,915|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $12,915

- **Estimated Expense Ratio:** 0.002% 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|$209,688|—|—|$12,915|—|

| 2023|$399,617|—|$399,617|—|—|

| 2022|$373,616|—|$370,791|—|—|

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