Plan Snapshot
- Plan Sponsor: Northeast Michigan Community Service Agency, INC.
- Sponsor EIN: 381873461
- Sponsor Address: 2569 US 23 SOUTH, ALPENA, MI, 497074617
- Plan Type: DC
- Total Participants: 598
- Total Assets: $32.7M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 598 | $32.7M | $1.7M | $1.5M |
| 2023 | 680 | $29.5M | $1.6M | $1.4M |
| 2022 | 618 | $25.8M | $1.4M | $1.1M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $107,336 | — | $107,336 |
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISORY | — | $48,872 | $48,872 |
| WIPFLI LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — INVESTMENT ADVISORY
- WIPFLI LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $156,208
- Estimated Expense Ratio: 0.478% 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 | $107,336 | — | $107,336 | — | — |
| 2023 | $117,897 | — | $117,897 | — | — |
| 2022 | $106,855 | — | $106,855 | — | — |