Plan Ledger DOL Form 5500 · updated monthly

A&D Charitable Foundation, Inc.401(k)

GREAT LAKES PACE 401(K) PLAN · SAGINAW, MI · plan year 2022

Reported admin expense ratio · 2022
0.12%

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

A&D Charitable Foundation, Inc. reported $1,177 in plan administrative expenses for 2022: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $617 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (2,477th of 2,619), and 10,865th of 11,911 in health care & social assistance. In 2022, employees put in $2.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,047,201
Participants with balances49
Active participants139
Employer contributions$85,745
Employee contributions$187,451
Employer contribution per active participant$617
Average account balance$21,371
Benefits paid to participants$29,379
Plan auditUnmodified (clean) audit opinion
AuditorGARDNER, PROVENZANO, THOMAS & LUPLO
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,177
Total administrative$1,177
The A&D Charitable Foundation, Inc. 401(k) match · 2022
Employer contribution per active participant$617
Median for plans this size$331

A&D Charitable Foundation, Inc.'s 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,177 · 0.12%
Similar plansHealth Care & Social Assistance · Michigan
Clm Enterprises, Inc. MI$888K · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383428303 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.