Plan Ledger DOL Form 5500 · updated monthly

Conti Service, LLC401(k)

CONTI SERVICE, LLC MEP 401(K) PLAN · STERLING HEIGHTS, MI · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Conti Service, LLC reported $175,911 in plan administrative expenses for 2024: 0.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $849 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 0.86% to 0.66%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 796th-largest of 2,619 plans among Michigan employers on file, and the 1,555th of 5,337 in construction. In 2024, employees put in $4.05 for every $1.00 the employer contributed; active participation has grown from 643 to 719 since 2022.

Plan summary
Net assets, end of year$29,363,700
Participants with balances414
Active participants719
Employer contributions$610,397
Employee contributions$2,474,802
Employer contribution per active participant$849
Average account balance$70,927
Benefits paid to participants$1,974,346
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.4M · 414 accts · $610K emplr
2023$24.3M · 327 accts · $696K emplr
2022$19.1M · 331 accts · $51K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,234
Investment management$120,677
Total administrative$175,911
The Conti Service, LLC 401(k) match · 2024
Employer contribution per active participant$849
Median for plans this size$2,416
2024$849 per active participant
2023$1,019 per active participant
2022$80 per active participant

Conti Service, LLC's 2024 employer contribution ran below the $2,416 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 · 20244
NATIONWIDE · Recordkeeping · Other services$42,601
REHMANN CAPITAL ADVISORY GROUP LLC · Other services$137,221
BRINKER CAPITAL INVESTMENTS · Investment management$13,771
REHMANN FINANCIAL · Other services$12,633

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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Administrative cost history3
2024$175,911 · 0.66%
2023$154,716 · 0.71%
2022$174,932 · 0.86%
Similar plansConstruction · Michigan
Bouma Group, Inc. MI$31.8M · 0.37%
Champion, Inc. MI$26.9M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381884765 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.