Plan Ledger DOL Form 5500 · updated monthly

Isolved401(k)

ISOLVED 401(K) PLAN · COLDWATER, MI · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Isolved reported $143,272 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $1,896 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 fell from 0.31% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 273rd-largest of 2,619 plans among Michigan employers on file, and the 152nd of 2,534 in administrative & support services. In 2024, employees put in $3.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$108,615,465
Participants with balances2,430
Active participants2,075
Employer contributions$3,933,977
Employee contributions$13,583,181
Employer contribution per active participant$1,896
Average account balance$44,698
Benefits paid to participants$15,044,369
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$108.6M · 2,430 accts · $3.9M emplr
2023$87.1M · 2,345 accts · $4.1M emplr
2022$56.4M · 2,154 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$113,739
Investment management$29,533
Total administrative$143,272
The Isolved 401(k) match · 2024
Employer contribution per active participant$1,896
Median for plans this size$3,635
2024$1,896 per active participant
2023$1,875 per active participant
2022$1,515 per active participant

Isolved'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$113,801
NEWFRONT RETIREMENT SERVICES INC · Investment advisory (plan)$29,533

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$143,272 · 0.15%
2023$115,083 · 0.16%
2022$166,006 · 0.31%
Same employer
Similar plansAdministrative & Support Services · Michigan
Kelly Services, Inc MI$342.5M · 0.23%
Populus Group LLC MI$124.6M · 0.56%
Gemini Group, Inc. MI$119.9M · 0.19%
Employment Services, Inc. MI$103.9M · 0.16%
America's Back Office, Inc. MI$80.2M · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382976613 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.