Plan Ledger DOL Form 5500 · updated monthly

Compass Healthcare PLC401(k)

COMPASS HEALTHCARE PLC 401(K) PROFIT SHARING PLAN & TRUST · EAST LANSING, MI · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Compass Healthcare PLC reported $55,004 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $3,048 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 0.24% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 779th-largest of 2,619 plans among Michigan employers on file, and the 2,737th of 11,911 in health care & social assistance. In 2024, employees put in $1.68 for every $1.00 the employer contributed; active participation has shrunk from 311 to 277 since 2022.

Plan summary
Net assets, end of year$30,482,285
Participants with balances342
Active participants277
Employer contributions$844,432
Employee contributions$1,419,396
Employer contribution per active participant$3,048
Average account balance$89,129
Benefits paid to participants$1,784,937
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.5M · 342 accts · $844K emplr
2023$26.7M · 336 accts · $910K emplr
2022$23.8M · 412 accts · $869K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,144
Investment management$25,000
Trustee / custodial$860
Total administrative$55,004
The Compass Healthcare PLC 401(k) match · 2024
Employer contribution per active participant$3,048
Median for plans this size$2,416
2024$3,048 per active participant
2023$3,309 per active participant
2022$2,794 per active participant

Compass Healthcare PLC's 2024 employer contribution ran above the $2,416 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 · 20243
PAYCHEX, INC. · Recordkeeping$19,744
CAPITAL ASSET ADVISORY SERVICES LLC · Investment advisory (participants)$25,000
ERISA FIDUCIARY SERVICES, INC. · Contract administrator$9,195

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

Recordkeeper by year2
2024Paychex
2023CAPITAL ASSET ADVISORY SERVICES LLC, ERISA FIDUCIARY SERVICES, INC., Paychex

This plan has changed recordkeepers within these filings. If you left Compass Healthcare PLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$55,004 · 0.19%
2023$61,451 · 0.24%
2022$60,393 · 0.24%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
Grace Health MI$30.8M · 0.19%
The Hurley Clinic MI$29.1M · 0.01%
Redwood Dental Group MI$28.4M · 0.33%
Mendelson Orthopedics, P.C. MI$27.4M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450817179 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.