Plan Ledger DOL Form 5500 · updated monthly

Medical Center Emergency ServicesProfit-sharing plan

MEDICAL CENTER EMERGENCY SERVICES RETIREMENT SAVINGS THRIFT PLAN · DETROIT, MI · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Medical Center Emergency Services reported $73,117 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $58,715 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 0.06% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 205th-largest of 2,619 plans among Michigan employers on file, and the 814th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$143,721,455
Participants with balances118
Active participants77
Employer contributions$4,521,046
Employee contributions$0
Employer contribution per active participant$58,715
Average account balance$1,217,978
Benefits paid to participants$19,562,114
Plan auditUnmodified (clean) audit opinion
AuditorRINGO & ASSOCIATES PC
Plan history3
Yearassets · accounts · employer contribution
2024$143.7M · 118 accts · $4.5M emplr
2023$132.6M · 112 accts · $4.4M emplr
2022$107.9M · 115 accts · $4.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,203
Investment management$55,914
Total administrative$73,117
Employer contributions to the Medical Center Emergency Services plan · 2024
Employer contribution per active participant$58,715
Median for plans this size$3,635
2024$58,715 per active participant
2023$58,451 per active participant
2022$55,623 per active participant

Medical Center Emergency Services's 2024 employer contribution ran above the $3,635 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 · 20243
FIFTH THIRD BANK, NATIONAL · Investment advisory (plan)$50,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$17,214
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,914

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$73,117 · 0.05%
2023$72,393 · 0.06%
2022Not separately reported
Similar plansHealth Care & Social Assistance · Michigan
Memorial Healthcare MI$115.1M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382537427 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.