Plan Ledger DOL Form 5500 · updated monthly

Advent Home Medical401(k)

ADVENT HOME MEDICAL 401(K) PROFIT SHARING PLAN & TRUST · PONTIAC, MI · plan year 2024

Reported admin expense ratio · 2024
0.99%

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

Advent Home Medical reported $45,938 in plan administrative expenses for 2024: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,221 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 1 year on file its reported administrative ratio rose from 0.93% to 0.99%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Michigan (1,889th of 2,619), and 1,411th of 2,096 in real estate & leasing. In 2024, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,075,382
Participants with balances294
Active participants204
Employer contributions$453,019
Employee contributions$734,391
Employer contribution per active participant$2,221
Average account balance$20,665
Benefits paid to participants$1,659,146
Plan auditUnmodified (clean) audit opinion
AuditorPORTE BROWN
Plan history2
Yearassets · accounts · employer contribution
2024$6.1M · 294 accts · $453K emplr
2023$3.2M · 218 accts · $397K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,545
Investment management$26,393
Total administrative$45,938
The Advent Home Medical 401(k) match · 2024
Employer contribution per active participant$2,221
Median for plans this size$1,313
2024$2,221 per active participant
2023$1,766 per active participant

Advent Home Medical's 2024 employer contribution ran above 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 · 20242
PAYCHEX, INC. · Contract administrator · Recordkeeping$19,545
LEVELIZED COMPENSATION ADVISOR · Investment advisory (plan)$25,362

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

Recordkeeper by year2
2024Paychex
2023Paychex

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$45,938 · 0.99%
2023$26,268 · 0.93%
Same employer
Similar plansReal Estate & Leasing · Michigan
Eenhoorn LLC MI$7.0M · 1.00%
Olor, LLC MI$5.8M · 0.11%
Legacy, LLC MI$4.9M · 0.86%
Mrd Apartments, LLC MI$4.6M · 1.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201137393 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.