Plan Ledger DOL Form 5500 · updated monthly

Elmer's Crane and Dozer, Inc.401(k)

TEAM ELMER'S 401(K) PROFIT SHARING PLAN · TRAVERSE CITY, MI · plan year 2022

Reported admin expense ratio · 2022
0.18%

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

Elmer's Crane and Dozer, Inc. reported $70,647 in plan administrative expenses for 2022: 0.18% of average plan assets, below the peer median. Employer contributions averaged $2,418 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is the 658th-largest of 2,619 plans among Michigan employers on file, and the 1,317th of 5,337 in construction. In 2022, employees put in $2.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,082,105
Participants with balances612
Active participants532
Employer contributions$1,286,582
Employee contributions$3,118,223
Employer contribution per active participant$2,418
Average account balance$60,592
Benefits paid to participants$2,281,199
Plan auditUnmodified (clean) audit opinion
AuditorKRUGEGEL, LAWTON & CO., LLC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $600K emplr
2022$37.1M · 612 accts · $1.3M emplr
Administrative expenses, itemized · 2022
Professional / advisory$70,647
Total administrative$70,647
The Elmer's Crane and Dozer, Inc. 401(k) match · 2022
Employer contribution per active participant$2,418
Median for plans this size$2,266

Elmer's Crane and Dozer, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$70,647 · 0.18%
Same employer
Similar plansConstruction · Michigan
Owen-Ames-Kimball Co. MI$40.7M · 0.15%
Kent Companies, Inc. MI$36.6M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382184549 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.