Plan Snapshot
- Plan Sponsor: Millwrights Local No. 1102 Vacation Fund
- Sponsor EIN: 382707168
- Sponsor Address: 6525 CENTURION DRIVE, LANSING, MI, 489179275
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 2,284
- Total Assets: $4.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,284 | $4.3M | $10.8M | $0 |
| 2023 | 1,917 | $3.7M | $9.0M | $0 |
| 2022 | 1,923 | $2.7M | $7.0M | $0 |
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 |
|---|---|---|---|---|
| TIC MIDWEST, LLC | Other Service Provider | $25,408 | — | $25,408 |
| NOVARA, TESIJA, PLLC | Other Service Provider | $12,723 | — | $12,723 |
| BENDA, GRACE, STULZ & COMPANY, P.C. | Other Service Provider | $12,600 | — | $12,600 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $50,731
- Estimated Expense Ratio: 1.167% 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 | $59,015 | — | $23,181 | $12,600 | — |
| 2023 | $50,436 | — | $23,181 | $13,100 | — |
| 2022 | $49,082 | $70 | $22,289 | — | $18,215 |