Plan Snapshot
- Plan Sponsor: Munson Healthcare
- Sponsor EIN: 382640544
- Sponsor Address: 1105 SIXTH STREET, TRAVERSE CITY, MI, 496842386
- Plan Type: DB
- Total Participants: 740
- Total Assets: $371.2M
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 | 740 | $371.2M | $0 | $0 |
| 2023 | 826 | $364.6M | $2.5M | $0 |
| 2022 | 924 | $330.3M | $10.0M | $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 |
|---|---|---|---|---|
| EAGLE CAPITAL MANAGEMENT LLC | Investment Advisor | $312,069 | — | $312,069 |
| MACQUARIE INVESTMENT MANAGEMENT | Other Service Provider | $299,875 | — | $299,875 |
| WILLIAM BLAIR INVT MGT, LLC | Other Service Provider | $169,107 | — | $169,107 |
| WEDGE CAPITAL MANAGEMENT, LLP | Other Service Provider | $168,397 | — | $168,397 |
| DF DENT & CO. | Other Service Provider | $125,429 | — | $125,429 |
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $107,930 | — | $107,930 |
| JP MORGAN INVESTMENT MGT INC | Recordkeeper | $100,246 | — | $100,246 |
| COHEN & STEERS CAPITAL MGT, INC | Other Service Provider | $82,747 | — | $82,747 |
| HARDMAN JOHNSTON GLOBAL ADVISORS | Other Service Provider | $69,603 | — | $69,603 |
| PNC BANK, N.A. | Custodian / Trustee | $67,726 | — | $67,726 |
| AILERON LTD | Other Service Provider | $38,760 | — | $38,760 |
| PLANTE & MORAN, PLLC | Auditor | $17,200 | — | $17,200 |
| WARNER NORCROSS + JUDD LLP | ERISA Attorney | $13,552 | — | $13,552 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EAGLE CAPITAL MANAGEMENT LLC — Investment Advisor
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
- JP MORGAN INVESTMENT MGT INC — Recordkeeper
- PLANTE & MORAN, PLLC — Auditor
- WARNER NORCROSS + JUDD LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,572,641
- Estimated Expense Ratio: 0.424% 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 | $1,838,244 | $1,366,234 | — | $17,200 | — |
| 2023 | $3,778,787 | $1,269,137 | — | — | — |
| 2022 | $3,023,960 | $1,427,576 | $146,060 | — | $158,692 |