Michigan Healthcare Professionals, P.C.401(k)

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

Michigan Healthcare Professionals, P.C. reported $32,694 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,221 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 0.09% to 0.04%. 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 335th-largest of 2,619 plans among Michigan employers on file, and the 1,246th of 11,911 in health care & social assistance. In 2024, the employer put in $1.21 for every $1.00 employees contributed themselves; active participation has grown from 430 to 588 since 2022.