Plan Ledger DOL Form 5500 · updated monthly

Acrisure, LLC401(k)

ACRISURE 401(K) SAVINGS PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Acrisure, LLC reported $543,837 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $2,352 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 0.11% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 36th-largest of 2,619 plans among Michigan employers on file, and the 158th of 4,798 in finance & insurance. In 2024, employees put in $2.77 for every $1.00 the employer contributed; active participation has grown from 10,689 to 12,249 since 2022.

Plan summary
Net assets, end of year$1,134,098,532
Participants with balances10,615
Active participants12,249
Employer contributions$28,805,216
Employee contributions$79,774,379
Employer contribution per active participant$2,352
Average account balance$106,839
Benefits paid to participants$103,184,075
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.1B · 10,615 accts · $28.8M emplr
2023$856.4M · 9,286 accts · $24.1M emplr
2022$607.4M · 7,624 accts · $19.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$403,385
Investment management$64,543
Audit (IQPA)$16,330
Total administrative$543,837
The Acrisure, LLC 401(k) match · 2024
Employer contribution per active participant$2,352
Median for plans this size$4,294
2024$2,352 per active participant
2023$1,940 per active participant
2022$1,773 per active participant

Acrisure, LLC's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom quarter of its peers. 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$400,435
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$124,122
SIKICH CPA LLC · Accounting / audit$16,330

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$543,837 · 0.05%
2023$484,345 · 0.07%
2022$668,803 · 0.11%
All plans at this employer2
HNI RISK SERVICES 401(K) PLAN401(k)
ACRISURE 401(K) SAVINGS PLAN401(k)
Same employer
Similar plansFinance & Insurance · Michigan
Rock Holdings, Inc. MI$2.2B · 0.07%
Michigan Credit Union League MI$996.3M · 0.19%
Emergent Holdings, Inc. MI$591.6M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263554645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.