Plan Snapshot
- Plan Sponsor: Midwest Management Group, INC.
- Sponsor EIN: 260269975
- Sponsor Address: 27655 MIDDLEBELT RD., FARMINGTON HILL, MI, 48334
- Plan Type: 401(k)
- Total Participants: 737
- Total Assets: $7.8M
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. |
|---|---|---|---|---|
| 2023 | 737 | $7.8M | $438,246 | $778,790 |
| 2022 | 807 | $6.5M | $395,875 | $775,774 |
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 |
|---|---|---|---|---|
| CENKO, VENDITTELLI, HAYNES & TOKARZ | 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 |
|---|---|---|---|---|---|
| 2023 | $120,954 | $16,196 | $104,758 | — | — |
| 2022 | $112,371 | $13,392 | $98,979 | — | — |