Plan Ledger DOL Form 5500 · updated monthly

Custer Office Environmental, Inc.401(k)

CUSTER OFFICE ENVIRONMENTS, INC. PROFIT SHARING AND EMPLOYEES' 401(K) PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Custer Office Environmental, Inc. reported $39,814 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $1,754 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 fell from 0.63% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Michigan (1,325th of 2,619), and the 2,077th of 5,215 in retail trade. In 2024, employees put in $2.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,469,013
Participants with balances277
Active participants234
Employer contributions$410,374
Employee contributions$1,135,455
Employer contribution per active participant$1,754
Average account balance$48,625
Benefits paid to participants$1,751,276
Plan auditUnmodified (clean) audit opinion
AuditorEHTC
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 277 accts · $410K emplr
2023$11.6M · 296 accts · $333K emplr
2022$9.4M · 293 accts · $303K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,464
Investment management$23,350
Total administrative$39,814
The Custer Office Environmental, Inc. 401(k) match · 2024
Employer contribution per active participant$1,754
Median for plans this size$2,416
2024$1,754 per active participant
2023$1,571 per active participant
2022$1,325 per active participant

Custer Office Environmental, Inc.'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
CALDER INVESTMENT ADVISORS, INC DBA · Investment advisory (plan)$22,904
EMPOWER ADVISORY GROUP, LLC · Investment management$446

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$39,814 · 0.32%
2023$64,703 · 0.62%
2022$62,782 · 0.63%
Same employer
Similar plansRetail Trade · Michigan
Weller Auto Parts, Inc. MI$14.0M · 0.58%
Wireless Vision, LLC MI$13.7M · 0.69%
Blarney Castle Oil Co. MI$12.5M · 0.29%
Folk Oil Company, Inc. MI$12.3M · 0.04%
Champion Chevrolet, Inc. MI$12.0M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382351526 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.