Plan Ledger DOL Form 5500 · updated monthly

Edsel & Eleanor Ford House403(b)

EDSEL & ELEANOR FORD HOUSE 403(B) PLAN · GROSSE POINTE SHORES, MI · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Edsel & Eleanor Ford House reported $23,833 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. Employer contributions averaged $2,560 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 0.29% to 0.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Michigan (1,909th of 2,619), and 875th of 1,311 in arts, entertainment & recreation. In 2024, the employer put in $1.37 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$5,925,796
Participants with balances197
Active participants116
Employer contributions$297,008
Employee contributions$216,674
Employer contribution per active participant$2,560
Average account balance$30,080
Benefits paid to participants$1,122,353
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 197 accts · $297K emplr
2023$5.9M · 266 accts · $265K emplr
2022$5.3M · 215 accts · $247K emplr
Administrative expenses, itemized · 2024
Investment management$23,833
Total administrative$23,833
Employer contributions to the Edsel & Eleanor Ford House plan · 2024
Employer contribution per active participant$2,560
Median for plans this size$1,313
2024$2,560 per active participant
2023$2,135 per active participant
2022$2,226 per active participant

Edsel & Eleanor Ford House's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20244
REHMANN FINANCIAL GROUP · Investment advisory (participants)$10,497
NATIONWIDE · Contract administrator$706
NATIONWIDE · Contract administrator$538

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$23,833 · 0.40%
2023$15,919 · 0.29%
2022$16,511 · 0.29%
Similar plansArts, Entertainment & Recreation · Michigan
Mvp Operations, LLC MI$8.8M · 0.62%
Walstrom Marine, Inc. MI$5.8M · 0.17%
Efg Management Co. Inc. MI$3.9M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382218274 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.