Plan Snapshot
- Plan Sponsor: Milestone Senior Services, INC.
- Sponsor EIN: 381747660
- Sponsor Address: 918 JASPER STREET, KALAMAZOO, MI, 490012853
- Plan Type: 401(k)
- Total Participants: 150
- Total Assets: $5.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 150 | $5.8M | $158,984 | $336,436 |
| 2023 | 165 | $5.0M | $143,898 | $302,276 |
| 2022 | 199 | $4.6M | $160,018 | $313,421 |
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 |
|---|---|---|---|---|
| GREENLEAF TRUST | TRUSTEE | $34,381 | — | $34,381 |
| 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: $34,381
- Estimated Expense Ratio: 0.594% 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 | $34,519 | $17,777 | — | — | — |
| 2023 | $28,586 | $18,305 | — | — | — |
| 2022 | $3,908 | — | $3,908 | — | — |