Plan Ledger DOL Form 5500 · updated monthly

24G, LLC401(k)

24G 401(K) PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.29%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

24G, LLC reported $8,927 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $2,073 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.88% to 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (2,193rd of 2,619), and 10,370th of 11,654 in professional & technical services. In 2024, employees put in $3.70 for every $1.00 the employer contributed; active participation has shrunk from 129 to 72 since 2022.

Plan summary
Net assets, end of year$3,454,167
Participants with balances95
Active participants72
Employer contributions$149,256
Employee contributions$552,404
Employer contribution per active participant$2,073
Average account balance$36,360
Benefits paid to participants$345,973
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 95 accts · $149K emplr
2023$2.6M · 106 accts · $182K emplr
2022$1.7M · 107 accts · $170K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,005
Investment management$1,772
Total administrative$8,927
The 24G, LLC 401(k) match · 2024
Employer contribution per active participant$2,073
Median for plans this size$1,313
2024$2,073 per active participant
2023$1,540 per active participant
2022$1,317 per active participant

24G, LLC's 2024 employer contribution ran above the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (participants)$3,162

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$8,927 · 0.29%
2023$8,465 · 0.40%
2022$12,266 · 0.88%
Same employer
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Telnet Worldwide, Inc. MI$4.1M · 1.31%
Mvc Mso LLC MI$4.0M · 0.32%
Powder Cote II, Inc. MI$3.7M · 0.59%
123. Net, Inc MI$3.3M · 0.27%
Lakeshore Legal Aid MI$3.2M · 0.16%
Weber & Olcese, P.L.C. MI$3.1M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510511668 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.