Plan Snapshot
- Plan Sponsor: Metropolitan Hospital D.B.A University Of Michigan Health West
- Sponsor EIN: 380593405
- Sponsor Address: 2122 HEALTH DR SW STE 260, WYOMING, MI, 495199606
- Plan Type: 403(b)
- Total Participants: 3,376
- Total Assets: $232.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- 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 | 3,376 | $232.7M | $6.4M | $17.1M |
| 2023 | 3,296 | $198.8M | $3.7M | $16.0M |
| 2022 | 3,123 | $167.3M | $3.4M | $14.6M |
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 | CONTRACT ADMINISTRATOR | $345,415 | — | $345,415 |
| ROCKEFELLER CAPITAL MANAGEMENT | INVESTMENT ADVISORY | $52,429 | $83 | $52,512 |
| MERRILL LYNCH | INVESTMENT ADVISORY | $18,450 | — | $18,450 |
| HUNGERFORD | ACCOUNTANT | — | $6,000 | $6,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERRILL LYNCH — INVESTMENT ADVISORY
- HUNGERFORD — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $422,377
- Estimated Expense Ratio: 0.182% 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 | $416,294 | $70,879 | $345,415 | — | — |
| 2023 | $420,163 | $92,186 | $327,977 | — | — |
| 2022 | $365,204 | $55,289 | $309,915 | — | — |