Plan Snapshot
- Plan Sponsor: Mymichigan Health
- Sponsor EIN: 382459948
- Sponsor Address: 4000 WELLNESS DRIVE, MIDLAND, MI, 48670
- Plan Type: DB
- Total Participants: 54
- Total Assets: $193.3M
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 | 54 | $193.3M | $0 | $0 |
| 2023 | 62 | $207.8M | $4.5M | $0 |
| 2022 | 78 | $206.3M | $5.0M | $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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC | NONE | $92,578 | — | $92,578 |
| LGIM | NONE | $84,906 | — | $84,906 |
| BNY MELLON | NONE | $28,459 | — | $28,459 |
| PLANTE MORAN, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $205,943
- Estimated Expense Ratio: 0.107% 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 | $763,138 | — | — | — | — |
| 2023 | $708,092 | — | — | — | — |
| 2022 | $596,511 | — | — | — | — |