Plan Ledger DOL Form 5500 · updated monthly

Emergency Technology, Inc.401(k) + ESOP (KSOP)

EMERGENCY TECHNOLOGY, INC. 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN · HUDSONVILLE, MI · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Emergency Technology, Inc. reported $133,862 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $3,615 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 0.20% to 0.19%. 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 363rd-largest of 2,619 plans among Michigan employers on file, and the 2,258th of 13,661 in manufacturing. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has grown from 291 to 444 since 2022.

Plan summary
Net assets, end of year$79,219,885
Participants with balances503
Active participants444
Employer contributions$1,604,877
Employee contributions$2,862,458
Employer contribution per active participant$3,615
Average account balance$157,495
Benefits paid to participants$9,154,631
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$79.2M · 503 accts · $1.6M emplr
2023$60.7M · 444 accts · $1.6M emplr
2022$47.0M · 405 accts · $961K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,615
Investment management$53,843
Total administrative$133,862
The Emergency Technology, Inc. 401(k) match · 2024
Employer contribution per active participant$3,615
Median for plans this size$3,635
2024$3,615 per active participant
2023$4,210 per active participant
2022$3,304 per active participant

Emergency Technology, Inc.'s 2024 employer contribution ran below 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 · 20244
PRAIRIE CAPITAL ADVISORS · Valuation$40,312
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$37,615
ROCKEFELLER CAPITAL MANAGEMENT · Investment advisory (plan)$36,037
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$18,125

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$133,862 · 0.19%
2023$101,472 · 0.19%
2022$96,161 · 0.20%
Same employer
Similar plansManufacturing · Michigan
Niterra North America, Inc. MI$82.2M · 0.05%
Neapco Holdings, LLC MI$81.8M · 0.30%
Norma Michigan, Inc. MI$81.2M · 0.17%
Windquest Group, Inc. MI$78.7M · 0.38%
Mayco International LLC MI$77.2M · 0.66%
Maxion Wheels U.S.A. LLC MI$75.7M · 0.01%
Purem Novi Inc. MI$74.5M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382739208 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.