Plan Ledger DOL Form 5500 · updated monthly

Hook Studios LLC401(k)

HOOK STUDIOS LLC 401(K) RETIREMENT PLAN · ANN ARBOR, MI · plan year 2023

Reported admin expense ratio · 2023
0.19%

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

Hook Studios LLC reported $15,169 in plan administrative expenses for 2023: 0.19% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,682 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 2 years on file its reported administrative ratio has held roughly steady near 0.186%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (1,573rd of 2,619), and 8,133rd of 11,654 in professional & technical services. In 2023, employees put in $3.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,539,937
Participants with balances131
Active participants99
Employer contributions$265,518
Employee contributions$958,264
Employer contribution per active participant$2,682
Average account balance$72,824
Benefits paid to participants$245,789
Plan auditUnmodified (clean) audit opinion
AuditorEDWARDS, ELLIS & ASSOCIATES, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$9.5M · 131 accts · $266K emplr
2022$6.8M · 133 accts · $371K emplr
The Hook Studios LLC 401(k) match · 2023
Employer contribution per active participant$2,682
Median for plans this size$1,308
2023$2,682 per active participant
2022$3,369 per active participant

Hook Studios LLC's 2023 employer contribution ran above the $1,308 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.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
THE VANGUARD GROUP, INC. · Claims processing · Recordkeeping$11,939
GREAT LAKES PENSION ASSOCIATES, INC · Claims processing$3,230

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$15,169 · 0.19%
2022$13,730 · 0.19%
Similar plansProfessional & Technical Services · Michigan
Spar Group, Inc MI$10.5M · 1.10%
Prefix Corporation MI$10.0M · 0.32%
Mba Tech Inc MI$9.7M · 0.06%
Tmp Architecture, Inc. MI$9.6M · 0.49%
Utac US Inc. MI$9.5M · 0.33%
Union Joints LLC MI$9.3M · 0.61%
Kyyba, Inc. MI$8.8M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 380349758 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.