Plan Ledger DOL Form 5500 · updated monthly

Detroit Thermal Systems, LLC401(k)

DETROIT THERMAL SYSTEMS, LLC HOURLY 401(K) PLAN · ROMULUS, MI · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Detroit Thermal Systems, LLC reported $23,098 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $502 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 0.55% to 0.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,897th of 2,619), and 10,670th of 13,661 in manufacturing. In 2024, employees put in $2.25 for every $1.00 the employer contributed; active participation has grown from 387 to 541 since 2022.

Plan summary
Net assets, end of year$6,011,954
Participants with balances432
Active participants541
Employer contributions$271,547
Employee contributions$611,300
Employer contribution per active participant$502
Average account balance$13,917
Benefits paid to participants$825,633
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 432 accts · $272K emplr
2023$5.3M · 386 accts · $251K emplr
2022$4.3M · 400 accts · $216K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,098
Total administrative$23,098
The Detroit Thermal Systems, LLC 401(k) match · 2024
Employer contribution per active participant$502
Median for plans this size$1,313
2024$502 per active participant
2023$705 per active participant
2022$559 per active participant

Detroit Thermal Systems, LLC's 2024 employer contribution ran below the $1,313 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$23,098

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$23,098 · 0.41%
2023$23,846 · 0.50%
2022$26,772 · 0.55%
Similar plansManufacturing · Michigan
Fastco Industries, Inc. MI$6.0M · 0.14%
Sturgis Molded Products MI$6.0M · 0.57%
Shoreline Fruit, LLC MI$6.0M · 0.07%
Lyons Industries Inc. MI$5.9M · 0.05%
Schwab Industries, Inc. MI$5.9M · 1.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455629784 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.