Plan Ledger DOL Form 5500 · updated monthly

Jaffe, Raitt, Heuer & Weiss, Professional Corporation401(k)

JAFFE, RAITT, HEUER & WEISS, PROFESSIONAL CORPORATION RETIREMENT PLAN AND TRUST · SOUTHFIELD, MI · plan year 2022

Reported admin expense ratio · 2022
0.08%

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

Jaffe, Raitt, Heuer & Weiss, Professional Corporation reported $105,285 in plan administrative expenses for 2022: 0.08% of average plan assets, below the peer median. Employer contributions averaged $16,610 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other professional & technical services employers. By assets it is the 244th-largest of 2,619 plans among Michigan employers on file, and the 1,305th of 11,654 in professional & technical services. In 2022, the employer put in $1.08 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$117,159,718
Participants with balances240
Active participants197
Employer contributions$3,272,256
Employee contributions$3,027,745
Employer contribution per active participant$16,610
Average account balance$488,165
Benefits paid to participants$5,550,099
Plan auditUnmodified (clean) audit opinion
AuditorBERGER, GHERSI & LADUKE PLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$105,285
Total administrative$105,285
The Jaffe, Raitt, Heuer & Weiss, Professional Corporation 401(k) match · 2022
Employer contribution per active participant$16,610
Median for plans this size$3,449

Jaffe, Raitt, Heuer & Weiss, Professional Corporation's 2022 employer contribution ran above the $3,449 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$105,285 · 0.08%
Similar plansProfessional & Technical Services · Michigan
Logicalis, Inc. MI$125.3M · 0.35%
Merative US L.P. MI$117.6M · 0.08%
Van Andel Research Institute MI$115.3M · 0.19%
Atwell, LLC MI$110.0M · 0.22%
Walker Consultants MI$108.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381915036 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.