Plan Ledger DOL Form 5500 · updated monthly

Escalent, Inc.401(k)

ESCALENT, INC. 401(K) PLAN · LIVONIA, MI · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Escalent, Inc. reported $90,399 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $1,663 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 0.10% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 357th-largest of 2,619 plans among Michigan employers on file, and the 1,813th of 11,654 in professional & technical services. In 2024, employees put in $6.65 for every $1.00 the employer contributed; active participation has grown from 481 to 633 since 2022.

Plan summary
Net assets, end of year$80,592,203
Participants with balances870
Active participants633
Employer contributions$1,052,651
Employee contributions$7,002,362
Employer contribution per active participant$1,663
Average account balance$92,635
Benefits paid to participants$7,042,640
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$80.6M · 870 accts · $1.1M emplr
2023$68.9M · 948 accts · $1.1M emplr
2022$54.9M · 645 accts · $433K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,869
Investment management$19,530
Total administrative$90,399
The Escalent, Inc. 401(k) match · 2024
Employer contribution per active participant$1,663
Median for plans this size$3,635
2024$1,663 per active participant
2023$1,462 per active participant
2022$900 per active participant

Escalent, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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
EMPOWER ADVISORY GROUP, LLC · Investment management$19,530

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$90,399 · 0.12%
2023$63,534 · 0.10%
2022$57,933 · 0.10%
Same employer
Similar plansProfessional & Technical Services · Michigan
Wade Trim Group, Inc. MI$87.0M · 0.16%
Fev North America, Inc MI$83.6M · 0.25%
Altarum Institute MI$79.9M · 0.14%
Ricardo, Inc. MI$77.6M · 0.15%
Brooks Kushman P.C. MI$76.0M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382882316 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.