Plan Ledger DOL Form 5500 · updated monthly

Complete Prototype Services Inc401(k)

COMPLETE PROTOTYPE SERVICES INC 401(K) PROFIT SHARING PLAN & TRUST · CLINTON TWP, MI · plan year 2024

Reported admin expense ratio · 2024
0.98%

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

Complete Prototype Services Inc reported $53,640 in plan administrative expenses for 2024: 0.98% of average plan assets, higher than ~75% of peers. Employer contributions averaged $336 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 3 years on file its reported administrative ratio has held roughly steady near 0.98%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (1,933rd of 2,619), and 9,511th of 11,654 in professional & technical services. In 2024, employees put in $6.59 for every $1.00 the employer contributed; active participation has shrunk from 172 to 104 since 2022.

Plan summary
Net assets, end of year$5,703,576
Participants with balances92
Active participants104
Employer contributions$34,911
Employee contributions$230,232
Employer contribution per active participant$336
Average account balance$61,995
Benefits paid to participants$507,921
Plan auditUnmodified (clean) audit opinion
AuditorUHY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 92 accts · $35K emplr
2023$5.3M · 101 accts · $37K emplr
2022$4.5M · 103 accts · $39K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,000
Investment management$16,169
Total administrative$53,640
The Complete Prototype Services Inc 401(k) match · 2024
Employer contribution per active participant$336
Median for plans this size$1,313
2024$336 per active participant
2023$243 per active participant
2022$227 per active participant

Complete Prototype Services Inc'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.

Service providers · 20241
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$1,524

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$53,640 · 0.98%
2023$46,983 · 0.97%
2022$45,991 · 0.95%
Same employer
Similar plansProfessional & Technical Services · Michigan
Ansara Corporation MI$5.8M · 0.13%
Nuspire LLC MI$5.6M · 0.18%
Oakland Automation, LLC MI$5.2M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383273161 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.