Plan Snapshot
- Plan Sponsor: Wolverine Power Supply Cooperative, INC.
- Sponsor EIN: 381326766
- Sponsor Address: 10125 WEST WATERGATE ROAD, CADILLAC, MI, 49601
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 129
- Total Assets: $29.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2025 | 129 | $29.0M | $0 | $0 |
| 2024 | 111 | $25.4M | $595,654 | $1.3M |
| 2023 | 111 | $22.1M | $538,209 | $1.3M |
| 2022 | 102 | $18.9M | $484,915 | $1.1M |
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 |
|---|---|---|---|---|
| MESIROW FINANCIAL, INC | Investment Advisor | $5,472 | — | $5,472 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,472
- Estimated Expense Ratio: 0.019% 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 |
|---|---|---|---|---|---|
| 2025 | $2,992,878 | $5,472 | — | — | — |
| 2024 | $5,453 | $4,840 | — | — | — |
| 2023 | $5,721 | $3,938 | — | — | — |
| 2022 | $4,103 | $3,773 | — | — | — |