Plan Ledger DOL Form 5500 · updated monthly

Edward Rose & Sons401(k)

EDWARD ROSE BUILDING ENTERPRISE 401(K) PLAN · BLOOMFIELD HILLS, MI · plan year 2022

Reported admin expense ratio · 2022
0.26%

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

Edward Rose & Sons reported $215,667 in plan administrative expenses for 2022: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,326 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other construction employers. By assets it is the 372nd-largest of 2,619 plans among Michigan employers on file, and the 780th of 5,337 in construction. In 2022, employees put in $3.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$75,301,126
Participants with balances2,341
Active participants1,874
Employer contributions$2,485,725
Employee contributions$7,719,635
Employer contribution per active participant$1,326
Average account balance$32,166
Benefits paid to participants$7,835,289
Plan auditUnmodified (clean) audit opinion
AuditorMETZLER LOCRICCHIO SERRA & COMPANY,
The Edward Rose & Sons 401(k) match · 2022
Employer contribution per active participant$1,326
Median for plans this size$3,449

Edward Rose & Sons's 2022 employer contribution ran below the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$215,667 · 0.26%
Similar plansConstruction · Michigan

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Source: U.S. Department of Labor, Form 5500 series, EIN 381469205 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.