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Original filing (PDF)20251014182539NAL0001757587001
MILWAUKEE CENTER FOR INDEPENDENCE, INC.
Form 5500
FILING_RECEIVED
MILWAUKEE CENTER FOR INDEPENDENCE, INC. AND AFFILIATES 403(B) PLAN
403(b) retirement plan
Active participants
761
Accounts w/ balance
845
Plan assets (EOY)
$24.8M
Net assets (EOY)
$24.8M
How this plan invests
This plan
29 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
91
/ 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
100
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- 72 bps in Schedule C fees — 149% above peer band of 29 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for MILWAUKEE CENTER FOR INDEPENDENCE, INC..
Plan sponsor
Name
MILWAUKEE CENTER FOR INDEPENDENCE, INC.
EIN
39-0806257
Address
2020 W. WELLS STREET · MILWAUKEE, WI · 532332720
Phone
(414) 459-3086
Industry
Health Care & Social Assistancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2K · 401(m) arrangement
2L · 403(b)(1) annuity
2M · 403(b)(7) custodial accounts
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
SIKICH CPA LLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
5 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INS CO OF AMERICA | — | GREENWOOD VILLAGE, CO | RECORDKEEPER | $73K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS LLC | — | SAN RAFAEL, CA | INV ADVISOR | $50K | — |
TPA / Administrator
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EGPS | — | MOBILE, AL | CONTRACT ADMIN | $42K | — |
| ECONOMIC GROUP PENSION SERVICES LLC | — | FRANKLIN SQUARE, NY | CONTRACT ADMIN | $4K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | — | GREENWOOD VILLAGE, CO | INV MGR | $11K | — |
Investments
29 direct securities· $24.2M(98% of reported assets)
Uncategorized
$24.1M
28 holdings
Mutual Funds
$167K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| American Funds American Funds 2035 Target Date Retire R6 | — | — | — | $3.1M | 12.5% | |
| American Funds American Funds 2045 Target Date Retire R6 | — | — | — | $2.8M | 11.4% | |
| American Funds American Funds 2050 Target Date Retire R6 | — | — | — | $2.5M | 10.1% | |
| American Funds American Funds 2040 Target Date Retire R6 | — | — | — | $2.4M | 9.8% | |
| American Funds American Funds 2030 Target Date Retire R6 | — | — | — | $2.0M | 8.2% | |
| Fidelity 500 Index | — | — | — | $2.0M | 8.0% | |
| American Funds American Funds 2055 Target Date Retire R6 | — | — | — | $1.3M | 5.3% | |
| American Funds American Funds 2025 Target Date Retire R6 | — | — | — | $1.3M | 5.2% | |
| American Funds American Funds 2060 Target Date Retire R6 | — | — | — | $1.1M | 4.3% | |
| American Funds American Funds 2020 Target Date Retire R6 | — | — | — | $1.0M | 4.0% | |
| American Funds American Funds New Perspective R6 | — | — | — | $523K | 2.1% | |
| Putnam Large Cap Value R6 | — | — | — | $504K | 2.0% | |
| Fidelity International Index | — | — | — | $402K | 1.6% | |
| Fidelity Mid Cap Index | — | — | — | $380K | 1.5% | |
| Fidelity Small Cap Index | — | — | — | $376K | 1.5% | |
| JPMorgan Large Cap Growth R6 | — | — | — | $323K | 1.3% | |
| Fully Benefit-Responsive Investment Contract Empower Annuity Insurance * Company of America Guaranteed Investment Contract | — | — | — | $312K | 1.3% | |
| American Funds American Funds 2065 Target Date Retire R6 | — | — | — | $266K | 1.1% | |
| Carillon Eagle Carillon Eagle Mid Cap Growth R6 | — | — | — | $256K | 1.0% | |
| Guggenheim Partners Guggenheim Total Return Bond R6 | — | — | — | $194K | 0.8% | |
| MFS International Growth R6 | — | — | — | $180K | 0.7% | |
| Allspring Global Investments Allspring Special Mid Cap Value R6 | Mutual Funds | — | — | $167K | 0.7% | |
| PIMCO Income Instl. | — | — | — | $160K | 0.6% | |
| American Funds American Funds American Balanced R6 | — | — | — | $160K | 0.6% | |
| Janus Henderson Janus Henderson Venture N | — | — | — | $152K | 0.6% | |
| Cohen & Steers Cohen & Steers Real Estate Securities Z | — | — | — | $90K | 0.4% | |
| Fidelity Inflation Protected Bond Index | — | — | — | $89K | 0.4% | |
| Goldman Sachs Goldman Sachs Small Cap Val Insights R6 | — | — | — | $82K | 0.3% | |
| Principal Global Diversified Income Instl | — | — | — | $30K | 0.1% |