Plan Ledger DOL Form 5500 · updated monthly

Auto Club Insurance Association401(k)

THE AUTO CLUB GROUP 401K PLAN · DEARBORN, MI · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Auto Club Insurance Association reported $905,050 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $4,173 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 0.12% to 0.08%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other finance & insurance employers. By assets it is the 33rd-largest of 2,619 plans among Michigan employers on file, and the 156th of 4,798 in finance & insurance. In 2024, employees put in $1.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,179,970,325
Participants with balances12,429
Active participants9,787
Employer contributions$40,838,933
Employee contributions$58,167,376
Employer contribution per active participant$4,173
Average account balance$94,937
Benefits paid to participants$178,572,340
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.2B · 12,429 accts · $40.8M emplr
2023$1.1B · 12,495 accts · $41.3M emplr
2022$975.4M · 12,974 accts · $39.1M emplr
The Auto Club Insurance Association 401(k) match · 2024
Employer contribution per active participant$4,173
Median for plans this size$5,259
2024$4,173 per active participant
2023$4,437 per active participant
2022$3,931 per active participant

Auto Club Insurance Association's 2024 employer contribution ran below the $5,259 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 · 20246
VANGUARD GROUP · Recordkeeping · Consulting$268,933
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$325,166
FINANCIAL ENGINES · Investment advisory (plan)$172,194
VANGUARD ADVISERS, INC. · Investment advisory (participants)$116,657
GJC CPA'S & ADVISORS · Accounting / audit$22,250
NEPC, LLC · Investment advisory (plan)$19,500

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$905,050 · 0.08%
2023$1,324,842 · 0.13%
2022$1,251,336 · 0.12%
Same employer
Similar plansFinance & Insurance · Michigan
Ally Financial Inc. MI$2.9B · 0.03%
Rock Holdings, Inc. MI$2.2B · 0.07%
Acrisure, LLC MI$1.1B · 0.05%
Michigan Credit Union League MI$996.3M · 0.19%
Emergent Holdings, Inc. MI$591.6M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 380477270 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.