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Original filing (PDF)20260313105016NAL0008058080001
CANTEEN SERVICES, INC. PENSION PLAN
Form 5500
FILING_RECEIVED
CANTEEN SERVICES, INC. PENSION PLAN
Defined-benefit pension plan
Signals · 2
100% in single holding~421 bps in Sched C fees
Active participants
6
Accounts w/ balance
—
Plan assets (EOY)
$5.8M
Net assets (EOY)
$5.8M
How this plan invests
This plan
1 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
86
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
75
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- Top holding "Federated Hermes Gov't Obligation (Fund #05)" is 100% of plan.
- 421 bps in Schedule C fees — 710% above peer band of 52 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for CANTEEN SERVICES, INC. PENSION PLAN.
Plan sponsor
Name
CANTEEN SERVICES, INC. PENSION PLAN
EIN
38-1557774
Address
3755 BROADMOOR SE · SUITE D · GRAND RAPIDS, MI · 495123964
Phone
(616) 956-5066
Industry
Accommodation & Food Servicessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-06-01
Tax period
2025-05-31
Filed
2026-03-13
Pension benefit codes
1A · Pay-related DB formula
3F · Sponsor used leased employees
Audit & trust (Schedule H)
Auditor
VANDER PLOEG, BERGAKKER & ASSOCIATE
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
5 rowsOther
5| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| WATKINS, ROSS & CO | 38-1477362 | — | NONE | $98K | — |
| CRYSTAL VIEW CAPITAL | 32-0485638 | — | NONE | $55K | — |
| VARNUM | 38-1294924 | — | NONE | $34K | — |
| VANDERPLOEG BERGAKKER & ASSOCIATES | 38-2445537 | — | NONE | $31K | — |
| MACATAWA BANK | 38-3391345 | — | NONE | $24K | — |
Investments
1 direct security· $5.7M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Federated Hermes Gov't Obligation (Fund #05) | — | — | $5.7M | $5.7M | 99.6% |
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