Plan Ledger DOL Form 5500 · updated monthly

Juvenile Assessment Center401(k)

JUVENILE ASSESSMENT CENTER 401(K) PROFIT SHARING PLAN & TRUST · DETROIT, MI · plan year 2023

Reported admin expense ratio · 2023
0.55%

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

Juvenile Assessment Center reported $14,974 in plan administrative expenses for 2023: 0.55% of average plan assets, above the peer median. Employer contributions averaged $1,149 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 fell from 0.61% to 0.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Michigan (2,256th of 2,619), and 4,365th of 5,215 in retail trade. In 2023, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,942,097
Participants with balances80
Active participants72
Employer contributions$82,700
Employee contributions$153,259
Employer contribution per active participant$1,149
Average account balance$36,776
Benefits paid to participants$231,035
Plan auditUnmodified (clean) audit opinion
AuditorALAN C YOUNG AND ASSOCIATES PC
Plan history2
Yearassets · accounts · employer contribution
2023$2.9M · 80 accts · $83K emplr
2022$2.5M · 83 accts · $82K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$7,202
Investment management$6,413
Trustee / custodial$1,359
Total administrative$14,974
The Juvenile Assessment Center 401(k) match · 2023
Employer contribution per active participant$1,149
Median for plans this size$1,308
2023$1,149 per active participant
2022$1,177 per active participant

Juvenile Assessment Center's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PAYCHEX, INC. · Investment advisory (plan) · Recordkeeping$7,381
LEVELIZED COMPENSATION ADVISOR · Investment advisory (plan) · Recordkeeping$6,862

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$14,974 · 0.55%
2022$16,564 · 0.61%
Similar plansRetail Trade · Michigan
Holiday Food Center, Inc. MI$3.1M · 0.57%
Michigan Brand, Inc. MI$2.8M · 1.24%
Alpena Supermarket, Inc. MI$2.7M · 0.48%
Lover's Lane & Co. MI$2.7M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 760709231 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.