Plan Snapshot
- Plan Sponsor: United Methodist Retirement Communities, INC.
- Sponsor EIN: 381366908
- Sponsor Address: 805 W MIDDLE ST, CHELSEA, MI, 48118
- Plan Type: 403(b)
- Total Participants: 1,389
- Total Assets: $32.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,389 | $32.2M | $1.1M | $2.7M |
| 2023 | 1,344 | $27.4M | $996,385 | $2.9M |
| 2022 | 1,216 | $21.3M | $1.8M | $2.9M |
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 |
|---|---|---|---|---|
| PLANTE & MORAN, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $256,185 | $79,328 | $56,261 | — | — |
| 2023 | $228,121 | $69,684 | $58,385 | — | — |
| 2022 | $225,000 | — | $225,000 | — | — |