Plan Ledger DOL Form 5500 · updated monthly

A. J. Danboise Son, Inc.401(k)

DANBOISE & THE LEARNING TREE CENTERS EMPLOYEES 401(K) RETIREMENT PLAN · FARMINGTON HILLS, MI · plan year 2022

Reported admin expense ratio · 2022
0.69%

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

A. J. Danboise Son, Inc. reported $47,311 in plan administrative expenses for 2022: 0.69% of average plan assets, above the peer median. Employer contributions averaged $1,486 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Michigan (1,854th of 2,619), and 3,693rd of 5,337 in construction. In 2022, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,381,401
Participants with balances76
Active participants163
Employer contributions$242,198
Employee contributions$383,562
Employer contribution per active participant$1,486
Average account balance$83,966
Benefits paid to participants$149,155
Plan auditUnmodified (clean) audit opinion
AuditorMRPR GROUP, PCAS & ADVISORS
Administrative expenses, itemized · 2022
Investment management$22,081
Professional / advisory$25,230
Total administrative$47,311
The A. J. Danboise Son, Inc. 401(k) match · 2022
Employer contribution per active participant$1,486
Median for plans this size$1,114

A. J. Danboise Son, Inc.'s 2022 employer contribution ran above the $1,114 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$47,311 · 0.69%
Similar plansConstruction · Michigan
Signal Holdings LLC MI$6.3M · 0.68%
Signal Holdings LLC MI$6.3M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381908358 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.