Plan Ledger DOL Form 5500 · updated monthly

Ford Field Management LLC401(k)

FORD FIELD MANAGEMENT 401(K) PLAN · DETROIT, MI · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Ford Field Management LLC reported $77,137 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $10,264 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 fell from 0.52% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 1,032nd-largest of 2,619 plans among Michigan employers on file, and the 428th of 1,311 in arts, entertainment & recreation. In 2024, the employer put in $1.15 for every $1.00 employees contributed themselves; active participation has grown from 154 to 170 since 2022.

Plan summary
Net assets, end of year$20,049,374
Participants with balances187
Active participants170
Employer contributions$1,744,895
Employee contributions$1,515,250
Employer contribution per active participant$10,264
Average account balance$107,216
Benefits paid to participants$3,129,345
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.0M · 187 accts · $1.7M emplr
2023$17.5M · 194 accts · $1.4M emplr
2022$13.5M · 181 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,537
Investment management$40,600
Total administrative$77,137
The Ford Field Management LLC 401(k) match · 2024
Employer contribution per active participant$10,264
Median for plans this size$2,416
2024$10,264 per active participant
2023$8,218 per active participant
2022$7,406 per active participant

Ford Field Management LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
ONEAMERICA RETIREMENT SERVICES, LLC · Recordkeeping · Loan processing$36,537
UBS FINANCIAL SERVICES · Investment advisory (plan)$40,600
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$77,137 · 0.41%
2023$63,857 · 0.41%
2022$71,536 · 0.52%
Same employer
Similar plansArts, Entertainment & Recreation · Michigan
Detroit Zoological Society MI$23.8M · 0.20%
I.A.T.S.E. Local No. 6 MI$21.8M · 0.81%
Little River Casino Resort MI$18.8M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320010308 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.