Plan Ledger DOL Form 5500 · updated monthly

Blue Chip Talent401(k)

BLUE CHIP TALENT RETIREMENT SAVINGS PLAN · BLOOMFIELD HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.40%

Blue Chip Talent reported $30,068 in plan administrative expenses for 2024: 0.40% 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 2 years on file its reported administrative ratio rose from 0.14% to 0.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Michigan (1,717th of 2,619), and the 1,150th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$7,867,692
Participants with balances309
Active participants188
Employer contributions—
Employee contributions$1,238,585
Employer contribution per active participant—
Average account balance$25,462
Benefits paid to participants$1,371,693
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 309 accts
2023$7.1M · 349 accts · $39K emplr
2022$5.7M · 334 accts · $25K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,156
Investment management$16,912
Total administrative$30,068
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 · 20243
UHY, LLP · Recordkeeping · Pension consulting$16,912
ADP, INC. · Loan processing · Recordkeeping$13,155
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, UHY, LLP
2023ADP

This plan has changed recordkeepers within these filings. If you left Blue Chip Talent 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$30,068 · 0.40%
2023$9,075 · 0.14%
2022$8,700 · 0.14%
Similar plansAdministrative & Support Services · Michigan
Orbis Holdings Group, LLC MI$8.7M · 0.62%
Keystone HR LLC MI$8.6M · 0.72%
Kobe Steel USA Inc. MI$7.9M · 0.69%
Arrow Strategies, LLC MI$6.8M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383155344 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.