Plan Ledger DOL Form 5500 · updated monthly

Detroit 90/90401(k)

DETROIT 90/90 RETIREMENT SAVINGS PLAN · DETROIT, MI · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Detroit 90/90 reported $81,467 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,101 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 1 year on file its reported administrative ratio rose from 0.52% to 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 1,273rd-largest of 2,619 plans among Michigan employers on file, and 1,832nd of 3,091 in educational services. In 2024, employees put in $1.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,533,070
Participants with balances413
Active participants628
Employer contributions$691,544
Employee contributions$1,016,177
Employer contribution per active participant$1,101
Average account balance$35,189
Benefits paid to participants$2,146,643
Plan auditUnmodified (clean) audit opinion
AuditorCBIZ
Plan history2
Yearassets · accounts · employer contribution
2024$14.5M · 413 accts · $692K emplr
2023$13.1M · 279 accts · $581K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,467
Investment management$45,000
Total administrative$81,467
The Detroit 90/90 401(k) match · 2024
Employer contribution per active participant$1,101
Median for plans this size$2,416
2024$1,101 per active participant
2023$1,129 per active participant

Detroit 90/90's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20242
CAPFINANCIAL PARTNERS LLC DBA CAPTR · Investment advisory (plan)$45,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$81,467 · 0.59%
2023$68,210 · 0.52%
All plans at this employer2
DETROIT 90/90 RETIREMENT SAVINGS PLAN401(k)
DETROIT 90/90 RETIREMENT SAVINGS PLAN401(k)
Similar plansEducational Services · Michigan
Emerson School MI$18.9M · 0.20%
West Michigan Cancer Center MI$14.9M · 0.26%
Cornerstone Education Group MI$11.5M · 0.18%
Edustaff, LLC MI$9.9M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454722161 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.