Plan Ledger DOL Form 5500 · updated monthly

Allen Edwin Residential Builder, LLC401(k)

ALLEN EDWIN RESIDENTIAL BUILDERS 401(K) RETIREMENT PLAN · PORTAGE, MI · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Allen Edwin Residential Builder, LLC reported $59,700 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $3,804 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 has held roughly steady near 0.370%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,124th-largest of 2,619 plans among Michigan employers on file, and the 2,201st of 5,337 in construction. In 2024, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,739,453
Participants with balances157
Active participants153
Employer contributions$582,061
Employee contributions$907,274
Employer contribution per active participant$3,804
Average account balance$112,990
Benefits paid to participants$589,960
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$17.7M · 157 accts · $582K emplr
2023$14.6M · 143 accts · $563K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,439
Investment management$41,261
Total administrative$59,700
The Allen Edwin Residential Builder, LLC 401(k) match · 2024
Employer contribution per active participant$3,804
Median for plans this size$2,416
2024$3,804 per active participant
2023$4,143 per active participant

Allen Edwin Residential Builder, LLC's 2024 employer contribution ran above the $2,416 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
OSAIC WEALTH INC · Investment advisory (plan)$39,194
EMPOWER ADVISORY GROUP, LLC · Investment management$2,067

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

Administrative cost history2
2024$59,700 · 0.37%
2023$48,717 · 0.37%
Same employer
Similar plansConstruction · Michigan
Kasco, LLC MI$20.1M · 0.35%
Wieland Corporation MI$19.7M · 0.35%
Mersino Dewatering, LLC MI$16.6M · 0.57%
Allied Electric, Inc. MI$15.9M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873517408 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.