Plan Snapshot
- Plan Sponsor: Pleune Service Company
- Sponsor EIN: 382094697
- Sponsor Address: 750 HIMES ST. SE, GRAND RAPIDS, MI, 495483424
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 162
- Total Assets: $25.1M
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. |
|---|---|---|---|---|
| 2025 | 162 | $25.1M | $0 | $0 |
| 2024 | 122 | $23.1M | $428,101 | $812,144 |
| 2023 | 104 | $21.5M | $536,956 | $809,958 |
| 2022 | 100 | $19.3M | $541,239 | $682,950 |
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 | Recordkeeper | $61,942 | — | $61,942 |
| S B H U LIFE AGENCY INC | Other Service Provider | — | $22,551 | $22,551 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $84,493
- Estimated Expense Ratio: 0.337% 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 |
|---|---|---|---|---|---|
| 2025 | $834,964 | — | $61,942 | — | — |
| 2024 | $55,852 | — | $55,852 | — | — |
| 2023 | $49,188 | — | $49,188 | — | — |
| 2022 | $53,240 | — | $53,240 | — | — |