Plan Ledger DOL Form 5500 · updated monthly

Ansara Corporation401(k)

ANSARA CORPORATION 401(K) PLAN · FARMINGTON HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Ansara Corporation reported $7,050 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $881 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 0.07% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (1,924th of 2,619), and 9,481st of 11,654 in professional & technical services. In 2024, employees put in $4.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,784,342
Participants with balances137
Active participants101
Employer contributions$88,931
Employee contributions$369,595
Employer contribution per active participant$881
Average account balance$42,221
Benefits paid to participants$409,839
Plan auditUnmodified (clean) audit opinion
AuditorCARNAGHI & SCHWARK PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 137 accts · $89K emplr
2023$5.0M · 113 accts · $95K emplr
2022$3.8M · 125 accts · $94K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,050
Total administrative$7,050
The Ansara Corporation 401(k) match · 2024
Employer contribution per active participant$881
Median for plans this size$1,313
2024$881 per active participant
2023$873 per active participant
2022$864 per active participant

Ansara Corporation's 2024 employer contribution ran below 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.

Administrative cost history3
2024$7,050 · 0.13%
2023$5,580 · 0.13%
2022$3,010 · 0.07%
Same employer
Similar plansProfessional & Technical Services · Michigan
Nuspire LLC MI$5.6M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382708433 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.