Plan Ledger DOL Form 5500 · updated monthly

Acro Service Corp401(k)

ACRO SERVICE CORP. 401(K) PLAN · LIVONIA, MI · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Acro Service Corp reported $67,086 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $75 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 3 years on file its reported administrative ratio has held roughly steady near 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Michigan (1,320th of 2,619), and the 828th of 2,534 in administrative & support services. In 2024, employees put in $22.41 for every $1.00 the employer contributed; active participation has grown from 933 to 1,396 since 2022.

Plan summary
Net assets, end of year$13,584,563
Participants with balances314
Active participants1,396
Employer contributions$104,962
Employee contributions$2,352,491
Employer contribution per active participant$75
Average account balance$43,263
Benefits paid to participants$2,970,710
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 314 accts · $105K emplr
2023$12.2M · 283 accts · $104K emplr
2022$8.8M · 251 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,086
Total administrative$67,086
The Acro Service Corp 401(k) match · 2024
Employer contribution per active participant$75
Median for plans this size$2,416
2024$75 per active participant
2023$83 per active participant

Acro Service Corp's 2024 employer contribution ran below the $2,416 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$67,037
PRINCIPAL SECURITIES INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$67,086 · 0.52%
2023$53,648 · 0.51%
2022$51,616 · 0.53%
Same employer
Similar plansAdministrative & Support Services · Michigan
Bandit Industries, Inc. MI$17.3M · 0.68%
Axtella, LLC MI$16.1M · 0.10%
United Physicians, Inc. MI$14.2M · 0.31%
Trucent, Inc. MI$12.0M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382413629 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.