Plan Ledger DOL Form 5500 · updated monthly

Downriver Community Services I401(k)

403(B) THRIFT PLAN OF DOWNRIVER COMMUNITY SERVICES INC. DBA COMMUNITY FIRST HEALTH CENTERS · NEW HAVEN, MI · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Downriver Community Services I reported $1,712 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,046 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 0.02% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (1,812th of 2,619), and 6,920th of 11,911 in health care & social assistance. In 2024, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,889,600
Participants with balances192
Active participants107
Employer contributions$218,881
Employee contributions$448,640
Employer contribution per active participant$2,046
Average account balance$35,883
Benefits paid to participants$661,440
Plan auditUnmodified (clean) audit opinion
AuditorQUAST, JANKE & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 192 accts · $219K emplr
2023$6.0M · 193 accts · $233K emplr
2022$4.8M · 179 accts · $214K emplr
The Downriver Community Services I 401(k) match · 2024
Employer contribution per active participant$2,046
Median for plans this size$1,313
2024$2,046 per active participant
2023$2,563 per active participant
2022$1,977 per active participant

Downriver Community Services I'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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,149

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,712 · 0.03%
2023$651 · 0.01%
2022$1,007 · 0.02%
Similar plansHealth Care & Social Assistance · Michigan
R3 Continuum, LLC MI$6.9M · 0.89%
Infusion Associates MI$6.3M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382080825 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.