Plan Snapshot
- Plan Sponsor: Muskegon Car Credit, INC.
- Sponsor EIN: 383175006
- Sponsor Address: 1515 28TH STREET SW, WYOMING, MI, 49509
- Plan Type: 401(k)
- Total Participants: 112
- Total Assets: $5.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 112 | $5.5M | $105,759 | $528,783 |
| 2023 | 122 | $6.3M | $107,579 | $540,952 |
| 2022 | 106 | $6.0M | $94,732 | $524,889 |
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 |
|---|---|---|---|---|
| NOVOTNY CPA GROUP, PLC | Auditor | $6,100 | — | $6,100 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVOTNY CPA GROUP, PLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,100
- Estimated Expense Ratio: 0.111% 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 | $36,045 | $12,067 | — | $6,100 | — |
| 2023 | $39,165 | $12,395 | — | $8,100 | — |
| 2022 | $38,391 | $16,045 | $22,346 | — | — |