Plan Ledger DOL Form 5500 · updated monthly

Cranbrook Educational Community403(b)

CRANBROOK EDUCATIONAL COMMUNITY SECTION 403(B) PLAN · BLOOMFIELD HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.06%

Cranbrook Educational Community reported $51,745 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. 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 0.05% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 355th-largest of 2,619 plans among Michigan employers on file, and the 640th of 3,091 in educational services.

Plan summary
Net assets, end of year$81,207,369
Participants with balances815
Active participants844
Employer contributions—
Employee contributions$3,796,035
Employer contribution per active participant—
Average account balance$99,641
Benefits paid to participants$10,618,343
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$81.2M · 815 accts
2023$79.3M · 816 accts
2022$66.8M · 774 accts · $1K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,745
Total administrative$51,745
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
TIAA-CREF · Custodial · Custodial (securities)$51,725
CAPITAL RESEARCH AND MANAGEMENT CO · Investment advisory (plan)$20

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$51,745 · 0.06%
2023$40,133 · 0.05%
2022$32,419 · 0.05%
All plans at this employer2
CRANBROOK EDUCATIONAL COMMUNITY RETIREMENT PLAN AND TRUSTProfit-sharing plan
CRANBROOK EDUCATIONAL COMMUNITY SECTION 403(B) PLAN403(b)
Same employer
Similar plansEducational Services · Michigan
Detroit Country Day School MI$105.9M · 0.10%
La Petite Academy, Inc. MI$101.2M · 0.42%
Thomas M Cooley Law School MI$65.0M · 0.07%
Spring Arbor University MI$60.8M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382015048 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.