Plan Ledger DOL Form 5500 · updated monthly

Human Development CommissionDC plan

403(B) THRIFT PLAN OF HUMAN DEVELOPMENT COMMISSION · CARO, MI · plan year 2025

Reported admin expense ratio · 2025
0.00%

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

Human Development Commission reported $88 in plan administrative expenses for 2025: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $864 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 fell from 0.01% to 0.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (2,185th of 2,619), and 8,909th of 11,911 in health care & social assistance. In 2025, employees put in $2.67 for every $1.00 the employer contributed; active participation has shrunk from 121 to 84 since 2022.

Plan summary
Net assets, end of year$3,507,844
Participants with balances104
Active participants84
Employer contributions$72,600
Employee contributions$193,493
Employer contribution per active participant$864
Average account balance$33,729
Benefits paid to participants$534,946
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$3.5M · 104 accts · $73K emplr
2024$3.3M · 100 accts · $83K emplr
2023$3.3M · 108 accts · $77K emplr
2022$2.9M · 102 accts · $73K emplr
Employer contributions to the Human Development Commission plan · 2025
Employer contribution per active participant$864
Median for plans this size$1,464
2025$864 per active participant
2024$966 per active participant
2023$722 per active participant
2022$601 per active participant

Human Development Commission's 2025 employer contribution ran below the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$395

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

Recordkeeper by year3
2025Mutual of America
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$88 · 0.00%
2024$697 · 0.02%
2023$584 · 0.02%
2022$402 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
Hurley Practice MI$3.7M · 0.27%
Eightcap, Inc. MI$3.5M · 0.34%
Community Care Services MI$3.4M · 0.25%
Fenton Healthcare, LLC MI$3.3M · 1.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381792679 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.