Plan Ledger DOL Form 5500 · updated monthly

Intermed, L.L.C.401(k)

INTERMED, L.L.C. 401K PROFIT SHARING PLAN · NORTHVILLE, MI · plan year 2022

Reported admin expense ratio · 2022
0.76%

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

Intermed, L.L.C. reported $62,977 in plan administrative expenses for 2022: 0.76% of average plan assets, above the peer median. Employer contributions averaged $1,515 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 1 year on file its reported administrative ratio rose from 0.76% to 0.90%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Michigan (1,728th of 2,619), and 3,111th of 5,215 in retail trade. In 2022, employees put in $3.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,740,832
Participants with balances106
Active participants122
Employer contributions$184,878
Employee contributions$561,008
Employer contribution per active participant$1,515
Average account balance$73,027
Benefits paid to participants$436,388
Plan auditUnmodified (clean) audit opinion
AuditorRETIREMENT PLAN AUDIT SERVICES, LLC
Plan history2
Yearassets · accounts · employer contribution
2023$5.6M · 58 accts · $146K emplr
2022$7.7M · 106 accts · $185K emplr
Administrative expenses, itemized · 2022
Professional / advisory$62,977
Total administrative$62,977
The Intermed, L.L.C. 401(k) match · 2022
Employer contribution per active participant$1,515
Median for plans this size$1,114
2023$2,554 per active participant
2022$1,515 per active participant

Intermed, L.L.C.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$59,918 · 0.90%
2022$62,977 · 0.76%
Similar plansRetail Trade · Michigan
Vintage Wine Company MI$8.1M · 0.42%
Avis Ford Incorporated MI$7.8M · 0.68%
Marsh Automotive Group MI$7.6M · 0.78%
Forward Corporation MI$7.5M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043765481 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.