Plan Ledger DOL Form 5500 · updated monthly

Catholic Charities of Southeast Michigan403(b)

CATHOLIC CHARITIES OF SE MI 403(B) PLAN · SOUTHFIELD, MI · plan year 2022

Reported admin expense ratio · 2022
0.53%

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

Catholic Charities of Southeast Michigan reported $13,267 in plan administrative expenses for 2022: 0.53% of average plan assets, above the peer median. Employer contributions averaged $560 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 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Michigan (2,320th of 2,619), and 2,785th of 3,341 in other services. In 2022, employees put in $3.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,377,595
Participants with balances84
Active participants156
Employer contributions$87,354
Employee contributions$276,554
Employer contribution per active participant$560
Average account balance$28,305
Benefits paid to participants$137,720
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$13,267
Total administrative$13,267
Employer contributions to the Catholic Charities of Southeast Michigan plan · 2022
Employer contribution per active participant$560
Median for plans this size$1,114

Catholic Charities of Southeast Michigan's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$13,267 · 0.53%
Similar plansOther Services · Michigan
Almond Products, Inc. MI$2.7M · 0.49%
Valley City Linen, Inc. MI$2.5M · 0.65%
Bay Human Services, Inc. MI$2.1M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453623184 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.