Plan Ledger DOL Form 5500 · updated monthly

H. Eikenhout & Sons, Inc.401(k)

H. EIKENHOUT & SONS, INC. 401(K) PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

H. Eikenhout & Sons, Inc. reported $69,913 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $3,437 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 0.441%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,183rd-largest of 2,619 plans among Michigan employers on file, and 2,232nd of 4,246 in wholesale trade. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has grown from 160 to 176 since 2022.

Plan summary
Net assets, end of year$16,378,334
Participants with balances212
Active participants176
Employer contributions$604,934
Employee contributions$1,251,286
Employer contribution per active participant$3,437
Average account balance$77,256
Benefits paid to participants$2,492,143
Plan auditUnmodified (clean) audit opinion
AuditorMONROE, SWEERIS & TROMP PLC
Plan history3
Yearassets · accounts · employer contribution
2024$16.4M · 212 accts · $605K emplr
2023$15.3M · 215 accts · $574K emplr
2022$13.1M · 196 accts · $510K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,857
Investment management$56,056
Total administrative$69,913
The H. Eikenhout & Sons, Inc. 401(k) match · 2024
Employer contribution per active participant$3,437
Median for plans this size$2,416
2024$3,437 per active participant
2023$3,277 per active participant
2022$3,185 per active participant

H. Eikenhout & Sons, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20244
TRIAD ADVISORS INC · Investment advisory (plan)$35,559
OSAIC WEALTH INC · Investment advisory (plan)$12,392
EMPOWER ADVISORY GROUP, LLC · Investment management$8,105

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$69,913 · 0.44%
2023$60,201 · 0.42%
2022$61,690 · 0.44%
Same employer
Similar plansWholesale Trade · Michigan
Brenner Oil Company MI$16.8M · 0.33%
National Food Group, Inc. MI$16.4M · 0.39%
Monroe Engineering, LLC MI$16.3M · 0.49%
Morrell LLC MI$16.1M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381967099 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.