Plan Ledger DOL Form 5500 · updated monthly

Community Opportunity Center, Nphc401(k)

COC 401(K) RETIREMENT PLAN · LIVONIA, MI · plan year 2023

Reported admin expense ratio · 2023
1.64%

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

Community Opportunity Center, Nphc reported $28,942 in plan administrative expenses for 2023: 1.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $832 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 0.18% to 1.61%. 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 (2,374th of 2,619), and 10,142nd of 11,911 in health care & social assistance. In 2023, employees put in $1.46 for every $1.00 the employer contributed; active participation has grown from 117 to 130 since 2022.

Plan summary
Net assets, end of year$1,893,375
Participants with balances109
Active participants130
Employer contributions$108,172
Employee contributions$158,248
Employer contribution per active participant$832
Average account balance$17,370
Benefits paid to participants$302,153
Plan auditUnmodified (clean) audit opinion
AuditorCANTWELL, CUMMINS, MOFFATT & STUART
Plan history3
Yearassets · accounts · employer contribution
2024$1.7M · 96 accts · $117K emplr
2023$1.9M · 109 accts · $108K emplr
2022$1.6M · 102 accts · $100K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$28,942
Total administrative$28,942
The Community Opportunity Center, Nphc 401(k) match · 2023
Employer contribution per active participant$832
Median for plans this size$1,308
2024$986 per active participant
2023$832 per active participant
2022$852 per active participant

Community Opportunity Center, Nphc's 2023 employer contribution ran below 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 · 20231
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$600

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$29,160 · 1.61%
2023$28,942 · 1.64%
2022$3,166 · 0.18%
Similar plansHealth Care & Social Assistance · Michigan
Pioneer Resources, Inc. MI$1.9M · 0.91%
Eagle Village, Inc. MI$1.9M · 1.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383143428 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.