Plan Ledger DOL Form 5500 · updated monthly

Ej USA, Inc.401(k)

EJ USA, INC. 401(K) SAVINGS PLAN · EAST JORDAN, MI · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Ej USA, Inc. reported $181,933 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $4,580 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 0.12% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 125th-largest of 2,619 plans among Michigan employers on file, and the 1,023rd of 13,661 in manufacturing. In 2024, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$240,462,588
Participants with balances1,569
Active participants1,410
Employer contributions$6,457,479
Employee contributions$10,538,264
Employer contribution per active participant$4,580
Average account balance$153,259
Benefits paid to participants$17,504,465
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$240.5M · 1,569 accts · $6.5M emplr
2023$210.9M · 1,528 accts · $6.7M emplr
2022$180.3M · 1,490 accts · $5.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$105,859
Investment management$38,764
Total administrative$181,933
The Ej USA, Inc. 401(k) match · 2024
Employer contribution per active participant$4,580
Median for plans this size$3,635
2024$4,580 per active participant
2023$4,852 per active participant
2022$3,850 per active participant

Ej USA, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$105,859
GREGORY J SCHWARTZ & COMPANY · Pension consulting · Investment advisory (plan)$76,074

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$181,933 · 0.08%
2023$235,959 · 0.12%
2022$230,880 · 0.12%
Same employer
Similar plansManufacturing · Michigan
Nsk Americas, Inc. MI$280.6M · 0.11%
Lacks Enterprises, Inc. MI$240.6M · 0.22%
Wacker Chemical Corp. MI$231.3M · 0.15%
Dawn Foods, Inc. MI$224.8M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381434427 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.