Plan Ledger DOL Form 5500 · updated monthly

Acument Global Technologies, Inc.401(k)

ACUMENT GLOBAL TECHNOLOGIES, INC. SAVINGS PLAN · STERLING HEIGHTS, MI · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Acument Global Technologies, Inc. reported $193,179 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $2,454 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 0.155%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 219th-largest of 2,619 plans among Michigan employers on file, and the 1,570th of 13,661 in manufacturing. In 2024, employees put in $2.24 for every $1.00 the employer contributed; active participation has grown from 661 to 1,079 since 2022.

Plan summary
Net assets, end of year$129,529,219
Participants with balances1,449
Active participants1,079
Employer contributions$2,647,733
Employee contributions$5,924,529
Employer contribution per active participant$2,454
Average account balance$89,392
Benefits paid to participants$13,087,191
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$129.5M · 1,449 accts · $2.6M emplr
2023$119.4M · 1,409 accts · $2.7M emplr
2022$106.3M · 1,407 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$111,678
Investment management$59,000
Audit (IQPA)$20,000
Total administrative$193,179
The Acument Global Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$2,454
Median for plans this size$3,635
2024$2,454 per active participant
2023$2,515 per active participant
2022$3,911 per active participant

Acument Global Technologies, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$111,678
MORGAN STANLEY · Investment advisory (plan)$59,000
PLANTE MORAN, PLLP · Accounting / audit$20,000
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect 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
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$193,179 · 0.16%
2023$143,844 · 0.13%
2022$188,015 · 0.16%
Same employer
Similar plansManufacturing · Michigan
Bissell Inc. MI$144.4M · 0.05%
Realtruck Group, Inc. MI$143.9M · 0.53%
Inteva Products, LLC MI$141.0M · 0.22%
Arch Global Holdings, LLC MI$127.9M · 0.35%
Plastic Omnium MI$125.9M · 0.09%
Grede MI$125.2M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205110172 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.