Plan Ledger DOL Form 5500 · updated monthly

Argent International, Inc.401(k)

ARGENT INTERNATIONAL 401(K) PLAN · PLYMOUTH, MI · plan year 2023

Reported admin expense ratio · 2023
0.42%

Argent International, Inc. reported $37,626 in plan administrative expenses for 2023: 0.42% of average plan assets, below the peer median. 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 1 year on file its reported administrative ratio rose from 0.15% to 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,554th of 2,619), and 8,904th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$9,762,570
Participants with balances91
Active participants130
Employer contributions—
Employee contributions$514,073
Employer contribution per active participant—
Average account balance$107,281
Benefits paid to participants$222,804
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$9.8M · 91 accts
2022$8.0M · 90 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$13,626
Investment management$24,000
Total administrative$37,626
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
UHY, LLP · Recordkeeping · Pension consulting$24,000
ADP, INC. · Loan processing · Recordkeeping$13,625
ADP BROKER-DEALERindirect comp

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

Administrative cost history2
2023$37,626 · 0.42%
2022$14,258 · 0.15%
Same employer
Similar plansManufacturing · Michigan
R.L. Adams Plastics, Inc. MI$9.9M · 0.56%
E. W. Grobbel Sons,Inc. MI$9.7M · 0.02%
Gil-Mar Manufacturing Co. MI$9.7M · 0.80%
Banks Hardwoods, Inc. MI$9.5M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382181842 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.