Plan Ledger DOL Form 5500 · updated monthly

Butzel Long, a Professional Corporation401(k)

BUTZEL LONG EMPLOYEES THRIFT PLAN AND TRUST · DETROIT, MI · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Butzel Long, a Professional Corporation reported $102,923 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $4,848 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 0.06% to 0.10%. 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 269th-largest of 2,619 plans among Michigan employers on file, and the 1,387th of 11,654 in professional & technical services. In 2024, employees put in $2.72 for every $1.00 the employer contributed; active participation has grown from 209 to 246 since 2022.

Plan summary
Net assets, end of year$109,290,808
Participants with balances315
Active participants246
Employer contributions$1,192,607
Employee contributions$3,244,230
Employer contribution per active participant$4,848
Average account balance$346,955
Benefits paid to participants$9,391,566
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$109.3M · 315 accts · $1.2M emplr
2023$97.0M · 284 accts · $923K emplr
2022$83.3M · 286 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$19,500
Total administrative$102,923
The Butzel Long, a Professional Corporation 401(k) match · 2024
Employer contribution per active participant$4,848
Median for plans this size$3,635
2024$4,848 per active participant
2023$4,254 per active participant
2022$4,837 per active participant

Butzel Long, a Professional Corporation's 2024 employer contribution ran above the $3,635 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 · 20243
GREGORY J SCHWARTZ & CO. INC · Investment advisory (participants)$103,399
PLANTE & MORAN, PLLC · Accounting / audit$19,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$102,923 · 0.10%
2023$89,935 · 0.10%
2022$56,150 · 0.06%
Same employer
Similar plansProfessional & Technical Services · Michigan
Merative US L.P. MI$117.6M · 0.08%
Van Andel Research Institute MI$115.3M · 0.19%
Atwell, LLC MI$110.0M · 0.22%
Walker Consultants MI$108.8M · 0.03%
Dm Intermediate Parent, LLC MI$108.6M · 0.36%
Ghafari Associates, LLC MI$106.6M · 0.14%
Dm Companies Inc MI$106.0M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382384883 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.