Plan Ledger DOL Form 5500 · updated monthly

Detroit Symphony Orchestra, Inc.403(b)

DETROIT SYMPHONY ORCHESTRA, INC. NON-MUSICIANS' TAX DEFERRED ACCOUNT PLAN · DETROIT, MI · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Detroit Symphony Orchestra, Inc. reported $11,926 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1,675 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 0.34% to 0.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Michigan (1,982nd of 2,619), and 921st of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.89 for every $1.00 the employer contributed; active participation has grown from 85 to 94 since 2022.

Plan summary
Net assets, end of year$5,190,278
Participants with balances149
Active participants94
Employer contributions$157,432
Employee contributions$297,238
Employer contribution per active participant$1,675
Average account balance$34,834
Benefits paid to participants$292,063
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 149 accts · $157K emplr
2023$4.6M · 171 accts · $172K emplr
2022$3.9M · 182 accts · $132K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,926
Total administrative$11,926
Employer contributions to the Detroit Symphony Orchestra, Inc. plan · 2024
Employer contribution per active participant$1,675
Median for plans this size$1,313
2024$1,675 per active participant
2023$1,769 per active participant
2022$1,554 per active participant

Detroit Symphony Orchestra, 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 · 20244
ASCENSUS$10,922

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$11,926 · 0.24%
2023$14,924 · 0.35%
2022$14,377 · 0.34%
Same employer
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Mvp Operations, LLC MI$8.8M · 0.62%
Walstrom Marine, Inc. MI$5.8M · 0.17%
Efg Management Co. Inc. MI$3.9M · 0.50%
Productions Plus Inc MI$3.8M · 0.37%
Eventlink, LLC MI$3.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381385132 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.