Greenleaf Trust401(k)
GREENLEAF TRUST 401(K) PLAN · KALAMAZOO, MI · plan year 2024
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Greenleaf Trust reported $68,269 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $8,920 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 0.081%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 321st-largest of 2,619 plans among Michigan employers on file, and the 1,084th of 4,798 in finance & insurance. In 2024, employees put in $1.41 for every $1.00 the employer contributed; active participation has grown from 219 to 244 since 2022.
Greenleaf Trust's 2024 employer contribution ran above the $3,635 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 383416104 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.