Plan Ledger DOL Form 5500 · updated monthly

Community Programs, Inc.401(k)

COMMUNITY PROGRAMS, INC. 401(K) PROFIT SHARING PLAN & TRUST · WATERFORD, MI · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Community Programs, Inc. reported $33,532 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,369 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 1.12% to 0.88%. 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 (2,120th of 2,619), and 8,511th of 11,911 in health care & social assistance. In 2024, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,055,516
Participants with balances258
Active participants138
Employer contributions$188,976
Employee contributions$367,789
Employer contribution per active participant$1,369
Average account balance$15,719
Benefits paid to participants$421,708
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 258 accts · $189K emplr
2023$3.6M · 207 accts
2022$2.9M · 214 accts · $178K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,827
Investment management$15,566
Trustee / custodial$1,139
Total administrative$33,532
The Community Programs, Inc. 401(k) match · 2024
Employer contribution per active participant$1,369
Median for plans this size$1,313
2024$1,369 per active participant
2022$1,296 per active participant

Community Programs, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$16,827
HUNTINGTON NATIONAL BANK · Investment advisory (participants) · Investment advisory (plan)$15,566

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$33,532 · 0.88%
2023$33,942 · 1.04%
2022$34,299 · 1.12%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
Community Living Options MI$4.1M · 0.04%
Theoria Medical PLLC MI$4.1M · 0.27%
Matrix Human Services MI$4.0M · 1.25%
Allure Medical Spa MI$3.9M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382233166 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.