Plan Ledger DOL Form 5500 · updated monthly

Aeg Holding Company Inc401(k)

AMERICAN EDUCATION GROUP RETIREMENT SAVINGS PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Aeg Holding Company Inc reported $71,680 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $377 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 rose from 0.10% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 639th-largest of 2,619 plans among Michigan employers on file, and the 1,096th of 3,091 in educational services. In 2024, employees put in $5.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,564,481
Participants with balances1,070
Active participants2,329
Employer contributions$877,548
Employee contributions$4,879,658
Employer contribution per active participant$377
Average account balance$36,042
Benefits paid to participants$3,685,791
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.6M · 1,070 accts · $878K emplr
2023$31.4M · 1,049 accts · $836K emplr
2022$24.3M · 971 accts · $742K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,591
Audit (IQPA)$19,089
Total administrative$71,680
The Aeg Holding Company Inc 401(k) match · 2024
Employer contribution per active participant$377
Median for plans this size$2,416
2024$377 per active participant
2023$343 per active participant
2022$316 per active participant

Aeg Holding Company Inc'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$52,591
PLANTE AND MORAN, PLLC · Accounting / audit$19,089
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$71,680 · 0.20%
2023$37,407 · 0.13%
2022$26,058 · 0.10%
Same employer
Similar plansEducational Services · Michigan
The Romine Group MI$39.4M · 0.09%
The Leona Group, LLC MI$37.0M · 0.20%
American Concrete Institute MI$35.4M · 0.09%
Greenhills School MI$29.6M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260757507 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.