Plan Ledger DOL Form 5500 · updated monthly

International Union,Security Police Fire Professionals of America401(k)

SECURITY POLICE FIRE PROFESSIONALS OF AMERICA RETIREMENT PLAN · ROSEVILLE, MI · plan year 2024

Reported admin expense ratio · 2024
1.10%

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

International Union,Security Police Fire Professionals of America reported $1,359,151 in plan administrative expenses for 2024: 1.10% of average plan assets, higher than ~90% of peers. Employer contributions averaged $881 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 1.01% to 1.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 224th-largest of 2,619 plans among Michigan employers on file, and the 146th of 3,341 in other services. In 2024, the employer put in $37.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$127,020,296
Participants with balances11,953
Active participants15,337
Employer contributions$13,505,499
Employee contributions$364,295
Employer contribution per active participant$881
Average account balance$10,627
Benefits paid to participants$21,192,044
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$127.0M · 11,953 accts · $13.5M emplr
2023$121.0M · 11,769 accts · $14.4M emplr
2022$109.9M · 11,308 accts · $14.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$543,664
Investment management$373,782
Audit (IQPA)$252,945
Total administrative$1,359,151
The International Union,Security Police Fire Professionals of America 401(k) match · 2024
Employer contribution per active participant$881
Median for plans this size$3,635
2024$881 per active participant
2023$983 per active participant
2022$1,014 per active participant

International Union,Security Police Fire Professionals of America's 2024 employer contribution ran below the $3,635 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 · 202410
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$543,664
LAWRENCE C MUSGROVE ASSO · Contract administrator · Investment advisory (plan)$264,308
BDO · Contract administrator · Investment advisory (plan)$252,945
BECKERMAN & COMPANY · Contract administrator · Investment advisory (plan)$53,244
GREGORY, MOORE, BROOKS & · Contract administrator · Investment advisory (plan)$52,754
SPFPA INTERNATIONAL UNIO · Other services$51,685
VARNUM · Contract administrator · Investment advisory (plan)$51,573
COWDEN ASSOCIATES, INC. · Contract administrator · Other services$46,888
WESTERN INTERNATIONAL · Contract administrator · Investment advisory (plan)$37,767
ACRISURE MID ATLANTIC · Investment advisory (plan)$24,819

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$1,359,151 · 1.10%
2023$1,387,204 · 1.20%
2022$1,206,429 · 1.01%
Same employer
Similar plansOther Services · Michigan
International Union, Uaw MI$212.8M · 0.02%
Comau LLC MI$189.1M · 0.14%
The W.K. Kellogg Foundation MI$113.1M · 0.00%
Trion Solutions, Inc. MI$106.6M · 0.35%
Peckham, Inc. MI$67.2M · 0.41%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 381294556 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.