Plan Ledger DOL Form 5500 · updated monthly

Applus401(k)

APPLUS EMPLOYEE 401(K) RETIREMENT PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Applus reported $37,845 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $1,008 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (1,373rd of 2,619), and 7,232nd of 11,654 in professional & technical services. In 2024, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,511,245
Participants with balances182
Active participants289
Employer contributions$291,266
Employee contributions$595,041
Employer contribution per active participant$1,008
Average account balance$68,743
Benefits paid to participants$2,937,130
Plan auditUnmodified (clean) audit opinion
AuditorHOLBROOK & MANTER, INC.
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,107
Investment management$12,738
Total administrative$37,845
The Applus 401(k) match · 2024
Employer contribution per active participant$1,008
Median for plans this size$2,416

Applus'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 · 20242
JOHN HANCOCK · Recordkeeping$25,107
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$12,738

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

Administrative cost history1
2024$37,845 · 0.30%
Same employer
Similar plansProfessional & Technical Services · Michigan
Munro & Associates, Inc. MI$13.0M · 0.38%
V2SOFT, Inc. MI$12.7M · 0.03%
Accurate Technologies Inc. MI$12.3M · 0.24%
Cco Communications, Inc. MI$12.3M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381601493 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.