Plan Ledger DOL Form 5500 · updated monthly

Flint & Genesee Group401(k)

FLINT & GENESEE GROUP PROFIT SHARING PLAN · FLINT, MI · plan year 2022

Reported admin expense ratio · 2022
0.84%

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

Flint & Genesee Group reported $27,120 in plan administrative expenses for 2022: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,019 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 30,021 comparable plans and shown alongside other public administration employers. By assets it is among the smaller plans on file in Michigan (2,250th of 2,619), and 74th of 90 in public administration. In 2022, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,007,153
Participants with balances105
Active participants134
Employer contributions$136,579
Employee contributions$247,989
Employer contribution per active participant$1,019
Average account balance$28,640
Benefits paid to participants$170,080
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$27,120
Total administrative$27,120
The Flint & Genesee Group 401(k) match · 2022
Employer contribution per active participant$1,019
Median for plans this size$1,114

Flint & Genesee Group's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$27,120 · 0.84%
Similar plansPublic Administration · Michigan
Sault Tribe MI$49.8M · 0.39%
Bay Mills Indian Community MI$12.2M · 0.29%
Worknet Pinellas, Inc. FL$2.9M · 0.80%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 203904349 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.