Plan Ledger DOL Form 5500 · updated monthly

Clean Water Action, Inc.401(k)

CLEAN WATER ACTION 401(K) PLAN · MOUNT CLEMENS, MI · plan year 2023

Reported admin expense ratio · 2023
0.04%

Clean Water Action, Inc. reported $1,628 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. 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 0.040% to 0.045%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Michigan (2,088th of 2,619), and 2,421st of 3,341 in other services.

Plan summary
Net assets, end of year$4,310,478
Participants with balances81
Active participants116
Employer contributions—
Employee contributions$249,470
Employer contribution per active participant—
Average account balance$53,216
Benefits paid to participants$166,577
Plan auditUnmodified (clean) audit opinion
AuditorALAN C YOUNG AND ASSOCIATES P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$4.2M · 120 accts
2023$4.3M · 81 accts
2022$3.6M · 104 accts
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
NATIONWIDE · Recordkeeping · Custodial (securities)$1,628

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$1,911 · 0.04%
2023$1,628 · 0.04%
2022$1,627 · 0.04%
Similar plansOther Services · Michigan
Technology Resource Group MI$4.8M · 0.09%
Work Skills Corporation MI$4.1M · 1.15%
Modernistic II, LLC MI$4.0M · 0.37%
Community Action Agency MI$3.8M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237128611 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.