Plan Ledger DOL Form 5500 · updated monthly

Ganton Retirement Centers, Inc.401(k)

LLOYD GANTON RETIREMENT CENTERS, INC. 401(K) PLAN · SPRING ARBOR, MI · plan year 2022

Reported admin expense ratio · 2022
2.00%

Ganton Retirement Centers, Inc. reported $13,433 in plan administrative expenses for 2022: 2.00% of average plan assets, higher than ~75% of peers. 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (2,523rd of 2,619), and 11,186th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$677,523
Participants with balances69
Active participants161
Employer contributions—
Employee contributions$133,524
Employer contribution per active participant—
Average account balance$9,819
Benefits paid to participants$19,243
Plan auditUnmodified (clean) audit opinion
AuditorFENNER, MELSTROM & DOOLING, PLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,279
Investment management$4,829
Professional / advisory$1,325
Total administrative$13,433
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$13,433 · 2.00%
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Source: U.S. Department of Labor, Form 5500 series, EIN 382723762 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.