Plan Ledger DOL Form 5500 · updated monthly

Arcturus Healthcare PLC401(k)

ARCTURUS HEALTHCARE PLC 401(K) PROFIT SHARING PLAN · TROY, 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

Arcturus Healthcare PLC reported $76,715 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $6,518 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 fell from 0.19% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 451st-largest of 2,619 plans among Michigan employers on file, and the 1,589th of 11,911 in health care & social assistance. In 2024, the employer put in $1.17 for every $1.00 employees contributed themselves; active participation has grown from 244 to 291 since 2022.

Plan summary
Net assets, end of year$60,951,941
Participants with balances353
Active participants291
Employer contributions$1,896,675
Employee contributions$1,627,926
Employer contribution per active participant$6,518
Average account balance$172,668
Benefits paid to participants$2,568,445
Plan auditUnmodified (clean) audit opinion
AuditorFENNER MELSTROM & DOOLING PLC
Plan history3
Yearassets · accounts · employer contribution
2024$61.0M · 353 accts · $1.9M emplr
2023$53.0M · 329 accts · $1.7M emplr
2022$43.7M · 322 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,583
Investment management$63,541
Audit (IQPA)$22,815
Total administrative$76,715
The Arcturus Healthcare PLC 401(k) match · 2024
Employer contribution per active participant$6,518
Median for plans this size$3,635
2024$6,518 per active participant
2023$6,964 per active participant
2022$6,951 per active participant

Arcturus Healthcare PLC's 2024 employer contribution ran above the $3,635 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 · 20245
REHMANN FINANCIAL · Investment advisory (plan)$52,306
FENNER MELSTROM & DOOLING PLC (FMD · Accounting / audit$11,500
REHMANN ROBSON LLC · Accounting / audit$11,315
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$11,235

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

Administrative cost history3
2024$76,715 · 0.13%
2023$82,997 · 0.17%
2022$90,204 · 0.19%
Similar plansHealth Care & Social Assistance · Michigan
Scheurer Hospital MI$68.6M · 0.01%
U.S. Medical Management LLC MI$63.4M · 0.60%
Paragon Health, P.C. MI$62.6M · 0.20%
Emergent Health Partners MI$59.4M · 0.23%
Gift of Life Michigan MI$53.9M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462854201 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.