Plan Ledger DOL Form 5500 · updated monthly

Clinton County Medical Center401(k)

CLINTON COUNTY MEDICAL CENTER 401(K) PROFIT SHARING PLAN & TRUST · SAINT JOHNS, MI · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Clinton County Medical Center reported $7,702 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.26% to 0.46%. 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 (2,410th of 2,619), and 10,313th of 11,911 in health care & social assistance. active participation has grown from 103 to 119 since 2022.

Plan summary
Net assets, end of year$1,684,827
Participants with balances144
Active participants119
Employer contributions$0
Employee contributions$167,073
Employer contribution per active participant$0
Average account balance$11,700
Benefits paid to participants$339,911
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.7M · 144 accts
2023$1.7M · 136 accts · $3K emplr
2022$1.3M · 120 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,842
Trustee / custodial$860
Total administrative$7,702
The Clinton County Medical Center 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Clinton County Medical Center'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.

Administrative cost history3
2024$7,702 · 0.46%
2023$7,313 · 0.49%
2022$3,817 · 0.26%
Similar plansHealth Care & Social Assistance · Michigan
All Well-Being Services MI$1.8M · 0.06%
The Healing Haven, LLC MI$1.8M · 1.28%
Family Outreach Center MI$1.7M · 0.22%
Orchards Mi, LLC MI$1.3M · 9.11%
Divined Company Inc MI$1.3M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382411436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.