Plan Ledger DOL Form 5500 · updated monthly

Leader Dogs for the Blind401(k)

LEADER DOGS EMPLOYEES 401(K) PROFIT SHARING PLAN · ROCHESTER HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Leader Dogs for the Blind reported $72,276 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $3,492 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 0.42% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,072nd-largest of 2,619 plans among Michigan employers on file, and the 1,097th of 3,341 in other services. In 2024, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,941,210
Participants with balances216
Active participants166
Employer contributions$579,700
Employee contributions$945,278
Employer contribution per active participant$3,492
Average account balance$87,691
Benefits paid to participants$3,403,061
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.9M · 216 accts · $580K emplr
2023$18.4M · 217 accts · $588K emplr
2022$15.1M · 216 accts · $535K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,040
Investment management$40,000
Trustee / custodial$8,706
Total administrative$72,276
The Leader Dogs for the Blind 401(k) match · 2024
Employer contribution per active participant$3,492
Median for plans this size$2,416
2024$3,492 per active participant
2023$3,231 per active participant
2022$3,058 per active participant

Leader Dogs for the Blind's 2024 employer contribution ran above the $2,416 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 · 20243
SENTINEL BENEFITS GROUP, INC. · Recordkeeping · Consulting$23,040
CHARLES SCHWAB TRUST BANK · Recordkeeping · Custodial (securities)$9,236
SENTINEL PENSION ADVISORS · Consulting · Investment advisory (participants)$40,000

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

Recordkeeper by year2
2024Charles Schwab, Sentinel Group
2023Charles Schwab, Sentinel Group

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

Administrative cost history3
2024$72,276 · 0.39%
2023$68,303 · 0.41%
2022$69,161 · 0.42%
Same employer
Similar plansOther Services · Michigan
Detroit Regional Chamber MI$22.6M · 0.27%
Gb Sales & Service, Inc. MI$15.1M · 0.09%
Speed Wrench, Inc. MI$13.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381366931 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.