Plan Snapshot
- Plan Sponsor: Saginaw Chippewa Indian Tribe Of Michigan
- Sponsor EIN: 386178758
- Sponsor Address: 7500 SOARING EAGLE BLVD, MT. PLEASANT, MI, 48858
- Plan Type: 401(k)
- Total Participants: 4,025
- Total Assets: $127.0M
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 | 4,025 | $127.0M | $4.0M | $7.4M |
| 2023 | 4,138 | $109.5M | $3.7M | $6.9M |
| 2022 | 4,088 | $89.6M | $3.4M | $6.3M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES INC | NONE | $121,098 | — | $121,098 |
| BRADY MARTZ & ASSOCIATES P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES INC — NONE
- BRADY MARTZ & ASSOCIATES P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $121,098
- Estimated Expense Ratio: 0.095% 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 | $121,098 | $10,668 | — | — | — |
| 2023 | $117,826 | $8,964 | — | — | — |
| 2022 | $121,888 | — | — | — | — |