Plan Ledger DOL Form 5500 · updated monthly

Great Lakes Wireless LLC401(k)

GREAT LAKES WIRELESS LLC 401(K) PROFIT SHARING PLAN & TRUST · BIRMINGHAM, MI · plan year 2022

Reported admin expense ratio · 2022
1.91%

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

Great Lakes Wireless LLC reported $1,649 in plan administrative expenses for 2022: 1.91% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (2,609th of 2,619), and 11,601st of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$72,259
Participants with balances60
Active participants55
Employer contributions$0
Employee contributions$13,924
Employer contribution per active participant$0
Average account balance$1,204
Benefits paid to participants$21,052
Plan auditUnmodified (clean) audit opinion
AuditorNPD GROUP CPA, PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,604
Investment management$45
Total administrative$1,649
The Great Lakes Wireless LLC 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Great Lakes Wireless LLC's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,649 · 1.91%
Similar plansProfessional & Technical Services · Michigan
Tohme Management LLC MI$118K · 1.19%
Pg Group LLC MI$82K · 0.81%
Ahc Management, LLC VA$74K · 1.62%
Mycase, Inc. CA$73K · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823828794 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.