Plan Ledger DOL Form 5500 · updated monthly

Forest Health Services, LLC401(k)

FOREST HEALTH SERVICES, LLC RETIREMENT SAVINGS PLAN · YPSILANTI, MI · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Forest Health Services, LLC reported $50,511 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $882 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 0.363%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,272nd-largest of 2,619 plans among Michigan employers on file, and the 4,584th of 11,911 in health care & social assistance. In 2024, employees put in $6.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,575,857
Participants with balances156
Active participants112
Employer contributions$98,739
Employee contributions$626,749
Employer contribution per active participant$882
Average account balance$93,435
Benefits paid to participants$1,087,074
Plan auditUnmodified (clean) audit opinion
AuditorNOVOTNY CPA GROUP PLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 156 accts · $99K emplr
2023$13.3M · 177 accts · $99K emplr
2022$11.7M · 158 accts · $101K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,511
Total administrative$50,511
The Forest Health Services, LLC 401(k) match · 2024
Employer contribution per active participant$882
Median for plans this size$2,416
2024$882 per active participant
2023$825 per active participant
2022$902 per active participant

Forest Health Services, LLC's 2024 employer contribution ran below the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$50,510
NEXT FINANCIAL GROUP INC · Other servicesindirect comp

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$50,511 · 0.36%
2023$44,995 · 0.36%
2022$45,800 · 0.36%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
Sunvera Group, LLC MI$15.2M · 0.31%
Sunset Manor, Inc. MI$14.3M · 0.79%
Center for Family Health MI$14.0M · 0.67%
Great Lakes Eye Care PC MI$13.9M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 383636411 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.