Plan Ledger DOL Form 5500 · updated monthly

Howard & Howard Attorneys PLLC401(k)

HOWARD & HOWARD ATTORNEYS PLLC 401(K) PLAN · ROYAL OAK, MI · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Howard & Howard Attorneys PLLC reported $2,375 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,205 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 rose from 0.002% to 0.003%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 293rd-largest of 2,619 plans among Michigan employers on file, and the 1,499th of 11,654 in professional & technical services. In 2024, employees put in $1.10 for every $1.00 the employer contributed; active participation has grown from 191 to 260 since 2022.

Plan summary
Net assets, end of year$100,859,729
Participants with balances339
Active participants260
Employer contributions$2,393,429
Employee contributions$2,633,110
Employer contribution per active participant$9,205
Average account balance$297,521
Benefits paid to participants$6,696,864
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$100.9M · 339 accts · $2.4M emplr
2023$88.9M · 347 accts · $2.2M emplr
2022$76.7M · 342 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,375
Total administrative$2,375
The Howard & Howard Attorneys PLLC 401(k) match · 2024
Employer contribution per active participant$9,205
Median for plans this size$3,635
2024$9,205 per active participant
2023$10,909 per active participant
2022$12,924 per active participant

Howard & Howard Attorneys PLLC'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.

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 · 20242
CHARLES SCHWAB AND CO. INC. · Securities brokerage$259

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$2,375 · 0.00%
2023$17,007 · 0.02%
2022$1,887 · 0.00%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 263880752 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.