Plan Ledger DOL Form 5500 · updated monthly

Asphalt Specialists, LLC401(k)

ASI RETIREMENT PLAN · PONTIAC, MI · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Asphalt Specialists, LLC reported $5,563 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $183 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 0.41% to 0.08%. 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 (1,789th of 2,619), and 9,031st of 11,654 in professional & technical services. In 2024, employees put in $9.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,022,886
Participants with balances140
Active participants339
Employer contributions$61,977
Employee contributions$565,822
Employer contribution per active participant$183
Average account balance$50,163
Benefits paid to participants$638,081
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 140 accts · $62K emplr
2023$6.1M · 152 accts · $69K emplr
2022$5.1M · 156 accts · $74K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,563
Total administrative$5,563
The Asphalt Specialists, LLC 401(k) match · 2024
Employer contribution per active participant$183
Median for plans this size$1,313
2024$183 per active participant
2023$208 per active participant
2022$230 per active participant

Asphalt Specialists, LLC's 2024 employer contribution ran below the $1,313 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$38,944

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Asphalt Specialists, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$5,563 · 0.08%
2023$9,673 · 0.17%
2022$24,402 · 0.41%
Same employer
Similar plansProfessional & Technical Services · Michigan
Gs Engineering, Inc. MI$7.4M · 0.30%
Hour Media, LLC MI$7.3M · 0.00%
Hcl Global Systems, Inc. MI$6.9M · 0.52%
Fieldstone A&E, LLC MI$6.8M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382739111 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.