Plan Ledger DOL Form 5500 · updated monthly

Kalamazoo County Sheriff's Deputies AssociationMoney purchase plan

KALAMAZOO COUNTY SHERIFF'S DEPUTIES ASSOCIATION MONEY PURCHASE PENSION PLAN · KALAMAZOO, MI · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

Kalamazoo County Sheriff's Deputies Association reported $33,555 in plan administrative expenses for 2023: 0.07% of average plan assets, below the peer median. Employer contributions averaged $10,917 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 0.24% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other other services employers. By assets it is the 492nd-largest of 2,619 plans among Michigan employers on file, and the 408th of 3,341 in other services.

Plan summary
Net assets, end of year$53,739,529
Participants with balances273
Active participants193
Employer contributions$2,106,885
Employee contributions—
Employer contribution per active participant$10,917
Average account balance$196,848
Benefits paid to participants$3,203,367
Plan auditUnmodified (clean) audit opinion
AuditorBRINK, KEY & CHLUDZINSKI, PC
Plan history3
Yearassets · accounts · employer contribution
2024$50.7M · 297 accts · $2.2M emplr
2023$53.7M · 273 accts · $2.1M emplr
2022$47.9M · 253 accts · $2.3M emplr
Administrative expenses, itemized · 2023
Investment management$33,555
Total administrative$33,555
Employer contributions to the Kalamazoo County Sheriff's Deputies Association plan · 2023
Employer contribution per active participant$10,917
Median for plans this size$3,659
2024$10,995 per active participant
2023$10,917 per active participant
2022$12,552 per active participant

Kalamazoo County Sheriff's Deputies Association's 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JOHN HANCOCK LIFE INS CO · Recordkeeping · Investment management$3,870
M HOLDINGS SECURITIES INC · Investment advisory (participants)$91,186

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$96,478 · 0.18%
2023$33,555 · 0.07%
2022$127,229 · 0.24%
Similar plansOther Services · Michigan
Peckham, Inc. MI$67.2M · 0.41%
The Kresge Foundation MI$63.1M · 0.02%
Beaumont Health MI$48.8M · 0.18%
Trescal, Inc. MI$45.0M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 386037446 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.