Plan Ledger DOL Form 5500 · updated monthly

Courtyard Management Company401(k)

COURTYARD MANAGEMENT, INC. 401(K) PLAN · WALLED LAKE, MI · plan year 2024

Reported admin expense ratio · 2024
1.96%

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

Courtyard Management Company reported $44,896 in plan administrative expenses for 2024: 1.96% of average plan assets, higher than ~90% of peers. Employer contributions averaged $284 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 1.76% to 1.96%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (2,324th of 2,619), and 9,756th of 11,911 in health care & social assistance. In 2024, employees put in $4.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,350,217
Participants with balances184
Active participants179
Employer contributions$50,925
Employee contributions$243,952
Employer contribution per active participant$284
Average account balance$12,773
Benefits paid to participants$408,840
Plan auditUnmodified (clean) audit opinion
AuditorMRPR CPAS & ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 184 accts · $51K emplr
2023$2.2M · 190 accts · $54K emplr
2022$1.8M · 179 accts · $51K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,918
Investment management$36,978
Total administrative$44,896
The Courtyard Management Company 401(k) match · 2024
Employer contribution per active participant$284
Median for plans this size$1,313
2024$284 per active participant
2023$304 per active participant
2022$295 per active participant

Courtyard Management Company'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
ADP, INC. · Loan processing · Recordkeeping$44,895

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$44,896 · 1.96%
2023$34,703 · 1.73%
2022$32,504 · 1.76%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
Highfields, Inc. MI$2.3M · 0.62%
Wolverine Human Services MI$2.2M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383118999 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.