Plan Ledger DOL Form 5500 · updated monthly

Acemco Incorporated401(k)

ACEMCO SAVINGS & INVESTMENT PLAN · SPRING LAKE, MI · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Acemco Incorporated reported $38,250 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $1,262 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 0.74% to 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,781st of 2,619), and 10,122nd of 13,661 in manufacturing. In 2024, employees put in $3.58 for every $1.00 the employer contributed; active participation has grown from 73 to 137 since 2022.

Plan summary
Net assets, end of year$7,088,182
Participants with balances174
Active participants137
Employer contributions$172,947
Employee contributions$619,302
Employer contribution per active participant$1,262
Average account balance$40,737
Benefits paid to participants$253,159
Plan auditUnmodified (clean) audit opinion
AuditorNOVOTNY CPA GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 174 accts · $173K emplr
2023$5.7M · 162 accts · $151K emplr
2022$4.7M · 174 accts · $148K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,307
Investment management$13,943
Total administrative$38,250
The Acemco Incorporated 401(k) match · 2024
Employer contribution per active participant$1,262
Median for plans this size$1,313
2024$1,262 per active participant
2023$1,817 per active participant
2022$2,021 per active participant

Acemco Incorporated's 2024 employer contribution ran below 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$24,307
ROCKEFELLER FINANCIAL LLC · Recordkeeping · Trustee$9,964
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, ROCKEFELLER FINANCIAL LLC
2023ADP, Bank of America / Merrill

This plan has changed recordkeepers within these filings. If you left Acemco Incorporated before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$38,250 · 0.60%
2023$38,598 · 0.74%
2022$36,959 · 0.74%
Same employer
Similar plansManufacturing · Michigan
Nbhx Trim USA Corporation MI$7.3M · 0.46%
Reed City Group, LLC MI$7.3M · 0.68%
Greene Group Industries MI$7.2M · 0.63%
Rose Medical MI$7.1M · 0.06%
Kenona Industries LLC MI$7.0M · 0.78%
Technique, Inc. MI$7.0M · 0.58%
Wilko Plastics Inc. MI$6.9M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381875225 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.