Plan Ledger DOL Form 5500 · updated monthly

Dynamic Human Resources, Inc.401(k)

DYNAMIC HUMAN RESOURCES, INC. 401(K) PLAN · AUBURN HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Dynamic Human Resources, Inc. reported $454,887 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $858 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 3 years on file its reported administrative ratio has held roughly steady near 0.71%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 396th-largest of 2,619 plans among Michigan employers on file, and the 227th of 2,534 in administrative & support services. In 2024, employees put in $2.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$69,342,258
Participants with balances1,993
Active participants3,252
Employer contributions$2,789,306
Employee contributions$8,038,807
Employer contribution per active participant$858
Average account balance$34,793
Benefits paid to participants$4,742,507
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.3M · 1,993 accts · $2.8M emplr
2023$58.3M · 1,888 accts · $2.4M emplr
2022$44.1M · 1,694 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$251,789
Investment management$203,098
Total administrative$454,887
The Dynamic Human Resources, Inc. 401(k) match · 2024
Employer contribution per active participant$858
Median for plans this size$3,635
2024$858 per active participant
2023$721 per active participant
2022$690 per active participant

Dynamic Human Resources, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20245
JOHN HANCOCK USA · Recordkeeping · Investment management$15,852
LPL FINANCIAL LLC - RPCP · Investment advisory (participants)$176,191
DOEREN MAYHEW ASSURANCE$24,596
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (participants)$14,531
WILSHIRE ASSOCIATES INC (USA) · Investment advisory (participants)$12,376

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$454,887 · 0.71%
2023$398,475 · 0.78%
2022$348,093 · 0.72%
Similar plansAdministrative & Support Services · Michigan
Gemini Group, Inc. MI$119.9M · 0.19%
Isolved MI$108.6M · 0.15%
Employment Services, Inc. MI$103.9M · 0.16%
America's Back Office, Inc. MI$80.2M · 0.97%
Costaff Services, LLC MI$65.5M · 0.71%
Axios Incorporated MI$63.4M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010702743 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.