Plan Ledger DOL Form 5500 · updated monthly

Judson Center401(k)

JUDSON CENTER EMPLOYEES 401(K) RETIREMENT PLAN · FARMINGTON HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Judson Center reported $49,253 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $871 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 0.70% to 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (1,674th of 2,619), and 6,317th of 11,911 in health care & social assistance. In 2024, employees put in $2.08 for every $1.00 the employer contributed; active participation has grown from 274 to 345 since 2022.

Plan summary
Net assets, end of year$8,319,363
Participants with balances222
Active participants345
Employer contributions$300,617
Employee contributions$626,525
Employer contribution per active participant$871
Average account balance$37,475
Benefits paid to participants$1,233,897
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 222 accts · $301K emplr
2023$7.8M · 224 accts · $296K emplr
2022$6.2M · 310 accts · $562K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,687
Investment management$19,566
Total administrative$49,253
The Judson Center 401(k) match · 2024
Employer contribution per active participant$871
Median for plans this size$1,313
2024$871 per active participant
2023$1,079 per active participant
2022$2,052 per active participant

Judson Center's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
M HOLDINGS SECURITIES INC · Investment advisory (plan)$19,566

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$49,253 · 0.61%
2023$40,859 · 0.58%
2022$41,691 · 0.70%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
Resthaven MI$8.1M · 0.69%
The Care Team MI$8.1M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381359084 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.