Dermatology Associates of West Michigan, PLC401(k)

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

Dermatology Associates of West Michigan, PLC reported $21,172 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $5,710 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 0.14% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,192nd-largest of 2,619 plans among Michigan employers on file, and the 4,257th of 11,911 in health care & social assistance. In 2024, the employer put in $1.21 for every $1.00 employees contributed themselves; active participation has grown from 95 to 110 since 2023.