Plan Ledger DOL Form 5500 · updated monthly

Emerson School403(b)

EMERSON SCHOOL DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY RETIREMENT PLAN · ANN ARBOR, MI · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Emerson School reported $35,155 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $3,452 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 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 1,074th-largest of 2,619 plans among Michigan employers on file, and 1,625th of 3,091 in educational services. In 2024, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,893,686
Participants with balances143
Active participants92
Employer contributions$317,586
Employee contributions$620,603
Employer contribution per active participant$3,452
Average account balance$132,124
Benefits paid to participants$1,360,445
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,155
Total administrative$35,155
The Emerson School 401(k) match · 2024
Employer contribution per active participant$3,452
Median for plans this size$2,416

Emerson School's 2024 employer contribution ran above the $2,416 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
TIAA · Recordkeeping$13,006
BANK OF ANN ARBOR · Consulting$14,055

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

Administrative cost history1
2024$35,155 · 0.20%
Similar plansEducational Services · Michigan
Olivet College MI$23.9M · 0.23%
West Michigan Cancer Center MI$14.9M · 0.26%
Detroit 90/90 MI$14.5M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237442766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.