Plan Ledger DOL Form 5500 · updated monthly

Ebels Family Center, Inc.401(k)

EBELS GENERAL STORE 401(K) PLAN · FALMOUTH, MI · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Ebels Family Center, Inc. reported $2,099 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,069 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 1 year on file its reported administrative ratio fell from 0.10% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Michigan (2,146th of 2,619), and the 1,045th of 2,240 in accommodation & food services. In 2024, employees put in $2.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,874,633
Participants with balances163
Active participants158
Employer contributions$168,902
Employee contributions$392,406
Employer contribution per active participant$1,069
Average account balance$23,771
Benefits paid to participants$109,097
Plan auditUnmodified (clean) audit opinion
AuditorDGN, LLC
Plan history2
Yearassets · accounts · employer contribution
2024$3.9M · 163 accts · $169K emplr
2023$3.1M · 165 accts · $156K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,099
Total administrative$2,099
The Ebels Family Center, Inc. 401(k) match · 2024
Employer contribution per active participant$1,069
Median for plans this size$1,313
2024$1,069 per active participant
2023$892 per active participant

Ebels Family Center, Inc.'s 2024 employer contribution ran below 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$2,098
PRINCIPAL SECURITIES INC · Other servicesindirect comp

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

Administrative cost history2
2024$2,099 · 0.06%
2023$2,806 · 0.10%
Same employer
Similar plansAccommodation & Food Services · Michigan
Miller Apple L.P. MI$4.8M · 0.05%
Michigan Pizza Hut, Inc. MI$4.4M · 0.83%
Weber's, Inc. MI$4.4M · 0.40%
Lodgco Management, LLC MI$3.7M · 0.20%
Sizzlin 5, Inc. MI$3.3M · 0.79%
Amerilodge Group MI$3.1M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382196500 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.