Plan Ledger DOL Form 5500 · updated monthly

Easter Seals - Michigan, Inc.401(k)

EASTER SEALS - MICHIGAN, INC. 401(K) PLAN · AUBURN HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Easter Seals - Michigan, Inc. reported $269,784 in plan administrative expenses for 2024: 0.33% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,324 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 0.49% to 0.33%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 326th-largest of 2,619 plans among Michigan employers on file, and the 1,207th of 11,911 in health care & social assistance. In 2024, employees put in $1.00 for every $1.00 the employer contributed; active participation has grown from 549 to 954 since 2022.

Plan summary
Net assets, end of year$87,660,923
Participants with balances1,342
Active participants954
Employer contributions$4,125,099
Employee contributions$4,125,369
Employer contribution per active participant$4,324
Average account balance$65,321
Benefits paid to participants$8,210,912
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$87.7M · 1,342 accts · $4.1M emplr
2023$77.2M · 1,303 accts · $3.8M emplr
2022$28.5M · 838 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$123,410
Investment management$146,374
Total administrative$269,784
The Easter Seals - Michigan, Inc. 401(k) match · 2024
Employer contribution per active participant$4,324
Median for plans this size$3,635
2024$4,324 per active participant
2023$4,116 per active participant
2022$2,803 per active participant

Easter Seals - Michigan, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
M HOLDINGS SECURITIES INC · Investment advisory (plan)$146,374
JOHN HANCOCK · Loan processing$123,410

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$269,784 · 0.33%
2023$221,515 · 0.42%
2022$125,410 · 0.49%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
Adg, LLC MI$98.4M · 0.33%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 381402860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.