Fenton Healthcare, LLC401(k)
CIENA HRT/BUCKEYE 401(K) PLAN · SOUTHFIELD, MI · plan year 2020
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Fenton Healthcare, LLC reported $27,309 in plan administrative expenses for 2020: 1.17% of average plan assets, higher than ~90% of peers. Employer contributions averaged $103 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 $1M–$10M size bracket, benchmarked here against 294 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (2,216th of 2,619), and 9,025th of 11,911 in health care & social assistance. In 2020, employees put in $6.18 for every $1.00 the employer contributed.
Fenton Healthcare, LLC's 2020 employer contribution ran below the $893 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.
Annual cost at the plan's reported 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 200818032 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.