Plan Ledger DOL Form 5500 · updated monthly

Eightcap, Inc.401(k)

EIGHTCAP, INC. 401(K) RETIREMENT PLAN · ORLEANS, MI · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Eightcap, Inc. reported $10,725 in plan administrative expenses for 2024: 0.34% of average plan assets, below the peer median. Employer contributions averaged $1,566 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 0.13% to 0.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (2,182nd of 2,619), and 8,897th of 11,911 in health care & social assistance. In 2024, the employer put in $1.36 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,527,432
Participants with balances147
Active participants221
Employer contributions$346,045
Employee contributions$253,969
Employer contribution per active participant$1,566
Average account balance$23,996
Benefits paid to participants$336,822
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 147 accts · $346K emplr
2023$2.8M · 144 accts · $259K emplr
2022$1.7M · 128 accts · $171K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,551
Investment management$9,174
Total administrative$10,725
The Eightcap, Inc. 401(k) match · 2024
Employer contribution per active participant$1,566
Median for plans this size$1,313
2024$1,566 per active participant
2023$1,099 per active participant
2022$772 per active participant

Eightcap, Inc.'s 2024 employer contribution ran above 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 · 20241
ALERUS FINANCIAL, N.A. · Recordkeeping · Trusteeindirect comp

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$10,725 · 0.34%
2023$6,254 · 0.28%
2022$2,164 · 0.13%
All plans at this employer2
EIGHTCAP, INC. RETIREMENT PLAN403(b)
EIGHTCAP, INC. 401(K) RETIREMENT PLAN401(k)
Same employer
Similar plansHealth Care & Social Assistance · Michigan
Custom Home Health, Inc. MI$3.8M · 0.53%
Hurley Practice MI$3.7M · 0.27%
Community Care Services MI$3.4M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 386111652 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.