Plan Ledger DOL Form 5500 · updated monthly

Maner Costerisan & Ellis PC401(k)

MANER, COSTERISAN & ELLIS, P.C. PROFIT SHARING PLAN AND 401(K) CASH ACCUMULATION PLAN · LANSING, MI · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Maner Costerisan & Ellis PC reported $178,416 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,480 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 0.57% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 657th-largest of 2,619 plans among Michigan employers on file, and the 3,512th of 11,654 in professional & technical services. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has grown from 143 to 184 since 2022.

Plan summary
Net assets, end of year$37,113,722
Participants with balances237
Active participants184
Employer contributions$1,192,388
Employee contributions$2,070,660
Employer contribution per active participant$6,480
Average account balance$156,598
Benefits paid to participants$6,264,491
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.1M · 237 accts · $1.2M emplr
2023$36.0M · 234 accts · $975K emplr
2022$27.2M · 196 accts · $868K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,978
Investment management$140,586
Audit (IQPA)$9,700
Trustee / custodial$7,152
Total administrative$178,416
The Maner Costerisan & Ellis PC 401(k) match · 2024
Employer contribution per active participant$6,480
Median for plans this size$2,416
2024$6,480 per active participant
2023$5,802 per active participant
2022$6,067 per active participant

Maner Costerisan & Ellis PC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$20,979
ADVISORY ALPHA, LLC · Investment advisory (plan) · Investment management$140,586
REILLY, PENNER & BENTON, LLP · Accounting / audit$9,700
CHARLES SCHWAB BANK · Custodial (securities) · Loan processing$7,152

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

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

Administrative cost history3
2024$178,416 · 0.49%
2023$175,224 · 0.55%
2022$166,267 · 0.57%
Same employer
Similar plansProfessional & Technical Services · Michigan
Mars Advertising, Inc. MI$39.2M · 0.26%
Roland Berger LP MI$39.1M · 0.21%
Shift, Ppc, LLC MI$37.9M · 0.35%
Design Systems, Inc. MI$35.9M · 0.21%
Peter Basso Associates, Inc MI$34.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382157642 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.