Plan Snapshot
- Plan Sponsor: Trustees Of Michigan Electrical Employees' Pension Fund
- Sponsor EIN: 386233977
- Sponsor Address: 1423 EAST 12 MILE ROAD, MADISON HEIGHTS, MI, 48071
- Plan Type: DB
- Total Participants: 2,271
- Total Assets: $544.8M
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 | 2,271 | $544.8M | $30.7M | $0 |
| 2023 | 2,102 | $500.9M | $24.6M | $0 |
| 2022 | 2,019 | $441.2M | $21.6M | $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 | Recordkeeper | $1,073,011 | — | $1,073,011 |
| WILSON MCSHANE CORPORATION | Other Service Provider | $400,161 | — | $400,161 |
| WCM INVESTMENT MANAGEMENT | Other Service Provider | $368,960 | — | $368,960 |
| EAGLE CAPITAL MANAGEMENT, LLC | Investment Advisor | $254,163 | — | $254,163 |
| AMERICAN REALTY ADVISORS | Other Service Provider | $220,342 | — | $220,342 |
| CENTERSQUARE INVESTMENT MANAGEMENT | Other Service Provider | $81,537 | — | $81,537 |
| CUNI, RUST, STRENK, INC. | Other Service Provider | $65,600 | — | $65,600 |
| NATIONAL INVESTMENT SERVICES | Other Service Provider | $51,429 | — | $51,429 |
| METROPOLITAN WEST ASSET MANAGEMENT | Other Service Provider | $41,582 | — | $41,582 |
| WATKINS PAWLICK CALATI & PRIFTI, PC | Other Service Provider | $36,516 | — | $36,516 |
| FRANKLIN TEMPLETON PRIVATE | Other Service Provider | $34,164 | — | $34,164 |
| BENDA, GRACE, STULZ & COMPANY, P.C. | Other Service Provider | $28,800 | — | $28,800 |
| THE PNC FINANCIAL SERVICES GROUP | Other Service Provider | $5,196 | — | $5,196 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY — Recordkeeper
- EAGLE CAPITAL MANAGEMENT, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,661,461
- Estimated Expense Ratio: 0.488% 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 | $2,916,160 | $2,125,187 | $394,335 | $28,000 | — |
| 2023 | $2,813,249 | $2,001,333 | $345,945 | $24,300 | — |
| 2022 | $2,733,759 | $2,014,812 | $235,380 | — | $169,312 |