Plan Ledger DOL Form 5500 · updated monthly

Etna Shared Services, LLC401(k)

ETNA SHARED SERVICES 401(K) & PROFIT SHARING PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Etna Shared Services, LLC reported $149,299 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $1,477 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 3 years on file its reported administrative ratio has held roughly steady near 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 598th-largest of 2,619 plans among Michigan employers on file, and the 994th of 4,246 in wholesale trade. In 2024, employees put in $4.08 for every $1.00 the employer contributed; active participation has grown from 478 to 559 since 2022.

Plan summary
Net assets, end of year$41,564,764
Participants with balances622
Active participants559
Employer contributions$825,503
Employee contributions$3,366,551
Employer contribution per active participant$1,477
Average account balance$66,824
Benefits paid to participants$1,841,217
Plan auditUnmodified (clean) audit opinion
AuditorBRICKLEY DELONG, PC
Plan history3
Yearassets · accounts · employer contribution
2024$41.6M · 622 accts · $826K emplr
2023$34.5M · 581 accts · $714K emplr
2022$28.6M · 533 accts · $649K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$91,647
Investment management$38,956
Audit (IQPA)$12,740
Total administrative$149,299
The Etna Shared Services, LLC 401(k) match · 2024
Employer contribution per active participant$1,477
Median for plans this size$2,416
2024$1,477 per active participant
2023$1,400 per active participant
2022$1,357 per active participant

Etna Shared Services, LLC's 2024 employer contribution ran below 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$91,647
ROCKEFELLER CAPITAL MANAGEMENT · Investment advisory (plan)$32,988
BRICKLEY DELONG · Accounting / audit$12,740
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$11,905

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$149,299 · 0.39%
2023$133,041 · 0.42%
2022$120,157 · 0.40%
Same employer
Similar plansWholesale Trade · Michigan
Novo Distribution, LLC MI$42.9M · 0.50%
Burroughs, Inc. MI$42.8M · 0.49%
N.S. International, LTD. MI$41.3M · 0.12%
Marposs Corporation MI$40.9M · 0.06%
Joint Board of Trustees MI$40.5M · 0.37%
Don Lee Distributor, Inc. MI$40.4M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201951356 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.