Plan Ledger DOL Form 5500 · updated monthly

Ann Arbor Spark401(k)

ANN ARBOR SPARK 401(K) PROFIT SHARING PLAN & TRUST · ANN ARBOR, MI · plan year 2022

Reported admin expense ratio · 2022
0.59%

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

Ann Arbor Spark reported $17,389 in plan administrative expenses for 2022: 0.59% of average plan assets, above the peer median. Employer contributions averaged $853 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Michigan (2,273rd of 2,619), and 2,701st of 3,341 in other services. In 2022, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,785,351
Participants with balances47
Active participants106
Employer contributions$90,408
Employee contributions$220,521
Employer contribution per active participant$853
Average account balance$59,263
Benefits paid to participants$71,963
Plan auditUnmodified (clean) audit opinion
AuditorYEO AND YEO
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,268
Investment management$14,121
Total administrative$17,389
The Ann Arbor Spark 401(k) match · 2022
Employer contribution per active participant$853
Median for plans this size$1,114

Ann Arbor Spark's 2022 employer contribution ran below the $1,114 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$17,389 · 0.59%
Similar plansOther Services · Michigan
Alma Tire Service, Inc. MI$3.4M · 0.96%
Bell Fork Lift, Inc. MI$3.3M · 0.15%
Jarc MI$3.2M · 0.03%
Almond Products, Inc. MI$2.7M · 0.49%
Valley City Linen, Inc. MI$2.5M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382436899 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.