Plan Ledger DOL Form 5500 · updated monthly

Brooks Kushman P.C.401(k)

BROOKS KUSHMAN P.C. EMPLOYEES' 401(K) PROFIT SHARING PLAN AND TRUST · ROYAL OAK, MI · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Brooks Kushman P.C. reported $61,975 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $13,856 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 0.14% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 370th-largest of 2,619 plans among Michigan employers on file, and the 1,913th of 11,654 in professional & technical services. In 2024, the employer put in $1.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$76,027,375
Participants with balances179
Active participants143
Employer contributions$1,981,448
Employee contributions$1,846,222
Employer contribution per active participant$13,856
Average account balance$424,734
Benefits paid to participants$3,142,393
Plan auditUnmodified (clean) audit opinion
AuditorGORDON ADVISORS P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$76.0M · 179 accts · $2.0M emplr
2023$66.3M · 186 accts · $1.8M emplr
2022$58.6M · 230 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,920
Total administrative$61,975
The Brooks Kushman P.C. 401(k) match · 2024
Employer contribution per active participant$13,856
Median for plans this size$3,635
2024$13,856 per active participant
2023$13,017 per active participant
2022$13,318 per active participant

Brooks Kushman P.C.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20242
MERRILL LYNCH CONSULTING SERVICES. · Investment management$40,055

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

Administrative cost history3
2024$61,975 · 0.09%
2023$75,248 · 0.12%
2022$90,293 · 0.14%
Same employer
Similar plansProfessional & Technical Services · Michigan
Escalent, Inc. MI$80.6M · 0.12%
Altarum Institute MI$79.9M · 0.14%
Ricardo, Inc. MI$77.6M · 0.15%
Msx International Rns, LLC MI$70.4M · 0.17%
Benesys, Inc. MI$70.1M · 0.21%
Stefanini MI$69.7M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383085676 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.