Plan Snapshot
- Plan Sponsor: Mvp Operations, LLC
- Sponsor EIN: 205999267
- Sponsor Address: 4085 BURTON ST. SE, GRAND RAPIDS, MI, 495462444
- Plan Type: 401(k)
- Total Participants: 536
- Total Assets: $6.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 536 | $6.7M | $125,944 | $404,215 |
| 2023 | 507 | $7.2M | $111,048 | $326,215 |
| 2022 | 134 | $8.8M | $155,690 | $459,030 |
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 |
|---|---|---|---|---|
| MONROE, SWEERIS & TROMP P.L.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MONROE, SWEERIS & TROMP P.L.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $28,103 | $15,146 | $9,857 | — | — |
| 2023 | $43,147 | $16,150 | $26,110 | — | — |
| 2022 | $60,578 | $27,591 | — | — | $32,987 |