Plan Ledger DOL Form 5500 · updated monthly

Dearborn Surgery Center, LLC401(k)

DEARBORN SURGERY CENTER, LLC 401(K) PLAN · DEARBORN, MI · plan year 2022

Reported admin expense ratio · 2022
0.76%

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

Dearborn Surgery Center, LLC reported $50,056 in plan administrative expenses for 2022: 0.76% of average plan assets, above the peer median. Employer contributions averaged $1,603 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (1,902nd of 2,619), and 7,365th of 11,911 in health care & social assistance. In 2022, employees put in $2.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,970,028
Participants with balances85
Active participants102
Employer contributions$163,527
Employee contributions$400,230
Employer contribution per active participant$1,603
Average account balance$70,236
Benefits paid to participants$815,418
Plan auditUnmodified (clean) audit opinion
AuditorSHINDEL,ROCK&ASSOCIATES,P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$43,781
Investment management$6,275
Total administrative$50,056
The Dearborn Surgery Center, LLC 401(k) match · 2022
Employer contribution per active participant$1,603
Median for plans this size$1,114

Dearborn Surgery Center, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$50,056 · 0.76%
Similar plansHealth Care & Social Assistance · Michigan
Infusion Associates MI$6.3M · 0.83%
Sparrow Development, Inc. MI$6.1M · 0.14%
Baruch Sls MI$5.9M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383494075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.