Plan Ledger DOL Form 5500 · updated monthly

Continental Management, LLC401(k)

CONTINENTAL MANAGEMENT 401(K) PLAN · BINGHAM FARMS, MI · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Continental Management, LLC reported $99,754 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,826 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 0.73% to 0.85%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (1,347th of 2,619), and 7,077th of 11,654 in professional & technical services. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has grown from 358 to 450 since 2022.

Plan summary
Net assets, end of year$13,051,715
Participants with balances515
Active participants450
Employer contributions$821,867
Employee contributions$1,498,272
Employer contribution per active participant$1,826
Average account balance$25,343
Benefits paid to participants$1,326,747
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 515 accts · $822K emplr
2023$10.4M · 475 accts · $710K emplr
2022$8.3M · 435 accts · $590K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,688
Investment management$24,859
Trustee / custodial$6,692
Total administrative$99,754
The Continental Management, LLC 401(k) match · 2024
Employer contribution per active participant$1,826
Median for plans this size$2,416
2024$1,826 per active participant
2023$1,785 per active participant
2022$1,647 per active participant

Continental Management, LLC's 2024 employer contribution ran below 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
SENTINEL BENEFITS GROUP, INC. · Recordkeeping · Consulting$64,688
FIDELITY TRUST COMPANY · Recordkeeping · Custodial (securities)$10,207
SENTINEL PENSION ADVISORS · Consulting · Investment advisory (participants)$24,859

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

Recordkeeper by year2
2024Fidelity, Sentinel Group
2023Fidelity, Sentinel Group

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

Administrative cost history3
2024$99,754 · 0.85%
2023$72,847 · 0.78%
2022$62,559 · 0.73%
Similar plansProfessional & Technical Services · Michigan
Jacobsen/Daniels Associates MI$13.9M · 0.07%
Orlans P.C. MI$13.7M · 0.59%
Mms Holdings Inc MI$13.7M · 0.30%
Automated Media, Inc. MI$13.4M · 0.41%
Munro & Associates, Inc. MI$13.0M · 0.38%
V2SOFT, Inc. MI$12.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 380214031 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.