Plan Ledger DOL Form 5500 · updated monthly

Autobooks, Inc.401(k)

AUTOBOOKS 401(K) PLAN · DETROIT, MI · plan year 2023

Reported admin expense ratio · 2023
0.80%

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

Autobooks, Inc. reported $35,740 in plan administrative expenses for 2023: 0.80% of average plan assets, above the peer median. Employer contributions averaged $473 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 $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Michigan (2,010th of 2,619), and 1,888th of 2,199 in information & media. In 2023, employees put in $16.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,939,681
Participants with balances97
Active participants79
Employer contributions$37,397
Employee contributions$627,312
Employer contribution per active participant$473
Average account balance$50,925
Benefits paid to participants$531,946
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$35,740
Total administrative$35,740
The Autobooks, Inc. 401(k) match · 2023
Employer contribution per active participant$473
Median for plans this size$1,308

Autobooks, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$35,745
S B H U LIFE AGENCY INC · Other servicesindirect comp

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

Administrative cost history1
2023$35,740 · 0.80%
Similar plansInformation & Media · Michigan
Skyspecs, Inc. MI$7.3M · 0.87%
Alliance Mobile MI$4.4M · 0.15%
Marceco, LTD MI$3.8M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474469696 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.