Plan Ledger DOL Form 5500 · updated monthly

Edward Rose Building Enterprise, LLC401(k)

EDWARD ROSE BUILDING ENTERPRISE 401(K) PLAN · BLOOMFIELD HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Edward Rose Building Enterprise, LLC reported $141,045 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $1,226 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 0.26% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 286th-largest of 2,619 plans among Michigan employers on file, and the 590th of 5,337 in construction. In 2024, employees put in $3.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$104,582,845
Participants with balances2,685
Active participants2,481
Employer contributions$3,040,478
Employee contributions$9,829,782
Employer contribution per active participant$1,226
Average account balance$38,951
Benefits paid to participants$11,005,983
Plan auditUnmodified (clean) audit opinion
AuditorREHMAN ROBSON, LLC
Plan history2
Yearassets · accounts · employer contribution
2024$104.6M · 2,685 accts · $3.0M emplr
2023$90.6M · 2,629 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,045
Investment management$50,000
Audit (IQPA)$21,000
Total administrative$141,045
The Edward Rose Building Enterprise, LLC 401(k) match · 2024
Employer contribution per active participant$1,226
Median for plans this size$3,635
2024$1,226 per active participant
2023$1,393 per active participant

Edward Rose Building Enterprise, LLC's 2024 employer contribution ran below the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$70,045
MORGAN STANLEY & CO. INC · Investment advisory (plan)$50,000
REHMANN ROBSON LLC · Accounting / audit$21,000

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$141,045 · 0.14%
2023$212,423 · 0.26%
Same employer
Similar plansConstruction · Michigan
The Oscar W. Larson Company MI$113.8M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843810548 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.