Plan Ledger DOL Form 5500 · updated monthly

Champion Home Builders, Inc.401(k)

CHAMPION HOME BUILDERS, INC. 401(K) SAVINGS PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Champion Home Builders, Inc. reported $436,038 in plan administrative expenses for 2024: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $813 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 3 years on file its reported administrative ratio has held roughly steady near 0.29%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 180th-largest of 2,619 plans among Michigan employers on file, and the 1,328th of 13,661 in manufacturing. In 2024, employees put in $2.93 for every $1.00 the employer contributed; active participation has grown from 6,653 to 8,644 since 2022.

Plan summary
Net assets, end of year$164,126,704
Participants with balances7,133
Active participants8,644
Employer contributions$7,031,275
Employee contributions$20,611,827
Employer contribution per active participant$813
Average account balance$23,009
Benefits paid to participants$19,294,758
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$164.1M · 7,133 accts · $7.0M emplr
2023$134.4M · 5,624 accts · $5.0M emplr
2022$108.1M · 5,632 accts · $5.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$380,280
Investment management$55,758
Total administrative$436,038
The Champion Home Builders, Inc. 401(k) match · 2024
Employer contribution per active participant$813
Median for plans this size$3,635
2024$813 per active participant
2023$818 per active participant
2022$860 per active participant

Champion Home Builders, Inc.'s 2024 employer contribution ran below the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$380,280
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$55,758

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$436,038 · 0.29%
2023$372,339 · 0.31%
2022$336,954 · 0.30%
Same employer
Similar plansManufacturing · Michigan
Durr, Inc. MI$176.3M
Jr Technology Group, LLC MI$171.6M · 0.15%
Webasto Roof Systems Inc. MI$166.8M · 0.19%
Phinia Inc. MI$158.4M · 0.03%
Pvs MI$158.0M · 0.01%
Leco Corporation MI$154.2M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800556501 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.