Plan Snapshot
- Plan Sponsor: Milwaukee Center For Independence, INC.
- Sponsor EIN: 390806257
- Sponsor Address: 2020 W. WELLS STREET, MILWAUKEE, WI, 532332720
- Plan Type: 401(k)
- Total Participants: 761
- Total Assets: $24.8M
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 | 761 | $24.8M | $1.4M | $2.1M |
| 2023 | 726 | $21.4M | $1.3M | $1.9M |
| 2022 | 782 | $16.9M | $1.2M | $2.0M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INS CO OF AMERICA | RECORDKEEPER | $72,883 | — | $72,883 |
| GLOBAL RETIREMENT PARTNERS LLC | INV ADVISOR | $49,799 | — | $49,799 |
| EGPS | CONTRACT ADMIN | $41,761 | — | $41,761 |
| EMPOWER ADVISORY GROUP, LLC | INV MGR | $10,721 | — | $10,721 |
| SIKICH CPA LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SIKICH CPA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $175,164
- Estimated Expense Ratio: 0.706% 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 | $182,141 | $60,520 | $45,723 | — | — |
| 2023 | $162,526 | $49,714 | $11,175 | — | — |
| 2022 | $147,247 | $147,247 | — | — | — |