Plan Ledger DOL Form 5500 · updated monthly

Creek Enterprise, Inc401(k)

CREEK ENTERPRISE 401(K) PLAN · ADRIAN, MI · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Creek Enterprise, Inc reported $15,177 in plan administrative expenses for 2024: 0.33% of average plan assets, below the peer median. Employer contributions averaged $2,017 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 0.16% to 0.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Michigan (1,994th of 2,619), and 3,979th of 5,337 in construction. In 2024, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,057,543
Participants with balances154
Active participants160
Employer contributions$322,675
Employee contributions$582,781
Employer contribution per active participant$2,017
Average account balance$32,841
Benefits paid to participants$391,851
Plan auditUnmodified (clean) audit opinion
AuditorGORDON ADVISORS, PC
Plan history3
Yearassets · accounts · employer contribution
2024$5.1M · 154 accts · $323K emplr
2023$4.1M · 154 accts · $303K emplr
2022$3.1M · 127 accts · $274K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,509
Investment management$9,668
Total administrative$15,177
The Creek Enterprise, Inc 401(k) match · 2024
Employer contribution per active participant$2,017
Median for plans this size$1,313
2024$2,017 per active participant
2023$1,711 per active participant
2022$1,620 per active participant

Creek Enterprise, Inc's 2024 employer contribution ran above the $1,313 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
L M KOHN & COMPANY. · Investment advisory (plan)$9,320
UNITED OF OMAHA · Loan processing$3,325
ASCENSUS LLC · Loan processing · Securities brokerage$2,184

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$15,177 · 0.33%
2023$2,350 · 0.07%
2022$5,000 · 0.16%
Same employer
Similar plansConstruction · Michigan
L&D Electric, Inc. D/B/A MI$5.5M · 1.02%
Oak Electric Service Inc MI$5.3M · 0.89%
Serve Electric LLC MI$5.2M · 0.74%
Circuit Electric, Inc. MI$4.8M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020685190 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.