Back to filter
Original filing (PDF)20251106155208NAL0006462387001
SEMCO ENERGY, INC.
Form 5500
FILING_RECEIVED
SEMCO ENERGY, INC. RETIREE MEDICAL PLAN
Health & welfare plan
Signals · 2
~192 bps in Sched C fees8 service providers
Active participants
0
Accounts w/ balance
—
Plan assets (EOY)
$11.8M
Net assets (EOY)
$11.8M
Plan health score (directional)
84
/ 100
Grade B
Above-average plan
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
88
Participation health
90
Knocking points off
- 192 bps in Schedule C fees — 562% above peer band of 29 bps.
- Highly fragmented vendor stack (8 disclosed providers, 6 categories).
- No active participants reported but plan still holds assets.
Helping the score
- Concentration not scored — Schedule of Assets PDF not yet parsed for this plan.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for SEMCO ENERGY, INC..
Plan sponsor
Name
SEMCO ENERGY, INC.
EIN
38-2144267
Address
1411 THIRD STREET, STE A · PORT HURON, MI · 48060
Phone
(810) 987-2200
Industry
Utilitiessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
521
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-11-06
Welfare benefit codes
4A · Health (other than dental or vision)
4D · Dental
Audit & trust (Schedule H)
Auditor
GRANT THORNTON LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
8 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| BUSINESSOLVER.COM, INC. | 42-1503807 | MINNEAPOLIS, MN | CLAIMS RECORDKEEPER | $35K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| SCHWARTZ & CO. | 38-2117812 | BLOOMFIELD HILLS, MI | INVESTMENT ADVISOR | $5K | — |
Trustee
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| COMERICA BANK | 42-1741646 | DETROIT, MI | DIRECTED TRUSTEE | $7K | — |
TPA / Administrator
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CAREFIRST BLUECROSS BLUESHIELD | 53-0078070 | OWINGS MILLS, MD | CONTRACT ADMINISTRATOR | $147K | — |
| CVS CAREMARK | 05-0304626 | NORTHBROOK, IA | CONTRACT ADMINISTRATOR | $19K | — |
Accountant / Auditor
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| GRANT THORNTON, LLP | 36-6055558 | CLEVELAND, OH | PLAN AUDITOR | $6K | — |
| BDO USA, P.C. | 13-5381590 | TROY, MI | PLAN AUDITOR | $541 | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC | 53-0181291 | ARLINGTON, VA | HRA CONSULTING | $8K | — |
Investments
The Schedule of Assets is filed as a free-form PDF attachment on EFAST2; we parse these offline and coverage is partial (priority is the largest plans by EOY assets). This plan also reports no pooled (Schedule D) interests, so its holdings aren’t hidden on a master-trust filing. The line-item data lives on DOL EFAST2 under the same ACK_ID.
See Methodology > Data linkages for how Form 5500 / Schedule H / Schedule D / Schedule of Assets fit together.