Plan Ledger DOL Form 5500 · updated monthly

America's HR Dept. - Employees Only III, Inc.401(k)

AMERICA'S HR DEPT. 401(K) PLAN · STERLING HEIGHTS, MI · plan year 2022

Reported admin expense ratio · 2022
1.19%

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

America's HR Dept. - Employees Only III, Inc. reported $10,945 in plan administrative expenses for 2022: 1.19% of average plan assets, above the peer median. Employer contributions averaged $278 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (2,506th of 2,619), and 11,307th of 11,654 in professional & technical services. In 2022, employees put in $3.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$833,429
Participants with balances61
Active participants81
Employer contributions$22,497
Employee contributions$87,404
Employer contribution per active participant$278
Average account balance$13,663
Benefits paid to participants$102,328
Plan auditQualified audit opinion
AuditorJASON CLAUSEN PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$10,945
Total administrative$10,945
The America's HR Dept. - Employees Only III, Inc. 401(k) match · 2022
Employer contribution per active participant$278
Median for plans this size$331

America's HR Dept. - Employees Only III, Inc.'s 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$10,945 · 1.19%
Similar plansProfessional & Technical Services · Michigan
Beyond Basics MI$861K · 1.25%
Rb Buyer I MI$661K · 0.37%
Vista Springs LLC MI$600K · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824338934 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.