Plan Ledger DOL Form 5500 · updated monthly

Corrigan Moving and Storage Co.401(k)

CORRIGAN MOVING AND STORAGE CO. TAX DEFERRED SAVINGS PLAN AND TRUST · FARMINGTON HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Corrigan Moving and Storage Co. reported $22,273 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $869 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 0.04% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 632nd-largest of 2,619 plans among Michigan employers on file, and the 457th of 2,677 in transportation & warehousing. In 2024, employees put in $4.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,115,516
Participants with balances370
Active participants433
Employer contributions$376,316
Employee contributions$1,855,789
Employer contribution per active participant$869
Average account balance$105,718
Benefits paid to participants$4,597,029
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.1M · 370 accts · $376K emplr
2023$36.1M · 373 accts · $365K emplr
2022$30.3M · 321 accts · $304K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,940
Investment management$10,333
Total administrative$22,273
The Corrigan Moving and Storage Co. 401(k) match · 2024
Employer contribution per active participant$869
Median for plans this size$2,416
2024$869 per active participant
2023$786 per active participant
2022$666 per active participant

Corrigan Moving and Storage Co.'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,940
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$10,333

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

Administrative cost history3
2024$22,273 · 0.06%
2023$14,326 · 0.04%
2022$14,548 · 0.04%
Same employer
Similar plansTransportation & Warehousing · Michigan
Penske Corporation MI$90.9M · 0.07%
United Road Service, Inc. MI$52.7M · 0.27%
Dt Midstream, Inc. MI$40.9M · 0.10%
Lewis C Howard, Inc. MI$30.9M · 0.01%
Pentastar Aviation, LLC MI$26.9M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381314212 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.