Plan Ledger DOL Form 5500 · updated monthly

Educational Data Systems, Inc.401(k)

EDUCATIONAL DATA SYSTEMS, INC. 401K PLAN · DEARBORN, MI · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Educational Data Systems, Inc. reported $109,293 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $436 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 0.40% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 782nd-largest of 2,619 plans among Michigan employers on file, and the 1,282nd of 3,091 in educational services. In 2024, employees put in $9.65 for every $1.00 the employer contributed; active participation has shrunk from 814 to 707 since 2022.

Plan summary
Net assets, end of year$30,399,772
Participants with balances1,430
Active participants707
Employer contributions$308,018
Employee contributions$2,972,356
Employer contribution per active participant$436
Average account balance$21,259
Benefits paid to participants$2,926,028
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.4M · 1,430 accts · $308K emplr
2023$27.3M · 1,333 accts · $460K emplr
2022$23.3M · 943 accts · $325K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,293
Investment management$35,000
Total administrative$109,293
The Educational Data Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$436
Median for plans this size$2,416
2024$436 per active participant
2023$619 per active participant
2022$399 per active participant

Educational Data Systems, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
T ROWE PRICE RPS INC · Recordkeeping · Trustee$74,323
RESOURCE INVESTMENT ADVISORS, INC. · Consulting$35,000

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$109,293 · 0.38%
2023$99,018 · 0.39%
2022$87,311 · 0.40%
Same employer
Similar plansEducational Services · Michigan
The Romine Group MI$39.4M · 0.09%
Aeg Holding Company Inc MI$38.6M · 0.20%
The Leona Group, LLC MI$37.0M · 0.20%
American Concrete Institute MI$35.4M · 0.09%
Greenhills School MI$29.6M · 0.12%
Walsh College MI$27.1M · 0.22%
Michigan Virtual University MI$24.0M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382272565 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.