Plan Snapshot
- Plan Sponsor: Sturgis Hospital, INC.
- Sponsor EIN: 352362438
- Sponsor Address: 916 MYRTLE AVE, STURGIS, MI, 49091
- Plan Type: DB
- Total Participants: 58
- Total Assets: $31.0M
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 | 58 | $31.0M | $516,000 | $0 |
| 2023 | 62 | $31.8M | $0 | $0 |
| 2022 | 78 | $29.4M | $0 | $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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY LLC | NONE | $150,035 | — | $150,035 |
| AON CONSULTING | NONE | $42,469 | — | $42,469 |
| COMERICA BANK & TRUST | TRUSTEE | $13,650 | — | $13,650 |
| PLANTE MORAN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY LLC — NONE
- AON CONSULTING — NONE
- PLANTE MORAN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $206,154
- Estimated Expense Ratio: 0.666% 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 | $343,117 | $150,035 | — | — | — |
| 2023 | $152,006 | $86,934 | — | — | — |
| 2022 | $1,661,282 | $164,130 | $40 | — | $38,751 |