Plan Ledger DOL Form 5500 · updated monthly

Burcham Hills Retirement Center II401(k)

BURCHAM HILLS RETIREMENT COMMUNITY 401(K) PROFIT SHARING PLAN · EAST LANSING, MI · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Burcham Hills Retirement Center II reported $27,270 in plan administrative expenses for 2024: 0.65% of average plan assets, above the peer median. Employer contributions averaged $233 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 rose from 0.21% to 0.65%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (2,095th of 2,619), and 8,372nd of 11,911 in health care & social assistance. In 2024, employees put in $6.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,256,327
Participants with balances116
Active participants273
Employer contributions$63,540
Employee contributions$439,267
Employer contribution per active participant$233
Average account balance$36,692
Benefits paid to participants$861,979
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 116 accts · $64K emplr
2023$4.2M · 119 accts · $55K emplr
2022$3.8M · 122 accts · $63K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,270
Total administrative$27,270
The Burcham Hills Retirement Center II 401(k) match · 2024
Employer contribution per active participant$233
Median for plans this size$1,313
2024$233 per active participant
2023$205 per active participant
2022$248 per active participant

Burcham Hills Retirement Center II'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$24,469
OSAIC WEALTH 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 history3
2024$27,270 · 0.65%
2023$21,997 · 0.56%
2022$8,759 · 0.21%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
Workit Health MI$4.4M · 1.22%
Beacon Hill at Eastgate MI$4.3M · 0.73%
Wayne Center MI$4.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382834545 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.