Plan Ledger DOL Form 5500 · updated monthly

Community Housing Network, Inc.401(k)

COMMUNITY HOUSING NETWORK, INC. RETIREMENT SAVINGS PLAN · TROY, MI · plan year 2023

Reported admin expense ratio · 2023
0.71%

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

Community Housing Network, Inc. reported $56,881 in plan administrative expenses for 2023: 0.71% of average plan assets, above the peer median. Employer contributions averaged $1,661 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 fell from 0.74% to 0.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (1,635th of 2,619), and 6,158th of 11,911 in health care & social assistance. In 2023, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,713,332
Participants with balances107
Active participants93
Employer contributions$154,452
Employee contributions$263,084
Employer contribution per active participant$1,661
Average account balance$81,433
Benefits paid to participants$841,646
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 92 accts · $156K emplr
2023$8.7M · 107 accts · $154K emplr
2022$7.3M · 123 accts · $411K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$26,768
Investment management$19,613
Audit (IQPA)$10,500
Total administrative$56,881
The Community Housing Network, Inc. 401(k) match · 2023
Employer contribution per active participant$1,661
Median for plans this size$1,308
2024$1,795 per active participant
2023$1,661 per active participant
2022$4,835 per active participant

Community Housing Network, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
SENTINEL BENEFITS GROUP, INC. · Recordkeeping$22,182
ONEDIGITAL INVESTMENT ADVISORS LLC · Recordkeeping$19,613
PLANTE MORAN · Recordkeeping$10,500

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ONEDIGITAL INVESTMENT ADVISORS LLC, PLANTE MORAN, Sentinel Group
2023ONEDIGITAL INVESTMENT ADVISORS LLC, PLANTE MORAN, Sentinel Group

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$59,425 · 0.69%
2023$56,881 · 0.71%
2022$51,529 · 0.74%
Similar plansHealth Care & Social Assistance · Michigan
The Lighthouse, Inc. MI$9.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383372734 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.