Plan Ledger DOL Form 5500 · updated monthly

Human Resources Unlimited, Inc.401(k)

HUMAN RESOURCES UNLIMITED, INC. 401K PLAN · LANSING, MI · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Human Resources Unlimited, Inc. reported $56,365 in plan administrative expenses for 2024: 0.81% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.32% to 0.81%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Michigan (1,741st of 2,619), and the 1,175th of 2,534 in administrative & support services. active participation has grown from 223 to 259 since 2022.

Plan summary
Net assets, end of year$7,593,408
Participants with balances398
Active participants259
Employer contributions$0
Employee contributions$1,003,829
Employer contribution per active participant$0
Average account balance$19,079
Benefits paid to participants$1,192,386
Plan auditUnmodified (clean) audit opinion
AuditorANDREWS HOOPER AND PAVLIK PLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 398 accts
2023$6.3M · 340 accts
2022$5.0M · 325 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,343
Investment management$7,428
Total administrative$56,365
The Human Resources Unlimited, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Human Resources Unlimited, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$48,937
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$7,428

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$56,365 · 0.81%
2023$29,206 · 0.52%
2022$17,759 · 0.32%
Same employer
Similar plansAdministrative & Support Services · Michigan
Keystone HR LLC MI$8.6M · 0.72%
Kobe Steel USA Inc. MI$7.9M · 0.69%
Blue Chip Talent MI$7.9M · 0.40%
Arrow Strategies, LLC MI$6.8M · 0.54%
Copper Hill Inc. MI$6.2M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382567062 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.