Michigan Family Resources 401(k) Plan: Login, Facts & Contact Information

Michigan Family Resources 401(k) Plan Facts

Plan name
HEAD START FOR KENT COUNTY 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MICHIGAN FAMILY RESOURCES
Participants
562 (330 active employees)
Former employees with a balance
265
Plan assets
$21,162,063 at Dec 31, 2024
Average account balance
$41,171 across 514 accounts
Employer contributions
$1,558,508 in plan year 2024 (75% of all contributions)
Recordkeeper
Alerus Financial, N.a.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1994
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 7, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.07 million went into the plan in contributions, $1.56 million of it from the employer (75%).
  • $665,041 was paid out to participants.
  • Investment and other income added $2.41 million.
  • Administrative expenses were $77,205, about $150 per account.

How the Michigan Family Resources 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019493$11.0 million$1.19 million$1.47 million
2020470$12.5 million$837,758$979,772
2021455$15.7 million$1.43 million$1.05 million
2022523$14.1 million$1.76 million$1.56 million
2023493$17.2 million$2.21 million$2.03 million
2024562$21.2 million$1.56 million$665,041

Michigan Family Resources 401(k) Contact Information

Phone
616-453-4145
Mailing address
2626 WALKER AVENUE, WALKER MI 49544
Plan sponsor
MICHIGAN FAMILY RESOURCES
Employer identification number (EIN)
38-2942671
Plan number
002

Questions about the Michigan Family Resources 401(k)

Does Michigan Family Resources contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.56 million, 75% of all contributions.

Does the Michigan Family Resources 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Michigan Family Resources 401(k) plan?

562 participants at the start of plan year 2024, 330 of them active employees, and 265 former employees who still had money in the plan.

What is the average 401(k) balance at Michigan Family Resources?

About $41,171 per account: $21.2 million in plan assets across 514 accounts with a balance at the end of plan year 2024.

Who manages the Michigan Family Resources 401(k) accounts?

Alerus (listed on the filing as ALERUS FINANCIAL, N.A.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Michigan Family Resources. How do I access my 401(k)?

Your account stays with Alerus after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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