Plan Ledger DOL Form 5500 · updated monthly

Millennium Software401(k)

MILLENNIUM SOFTWARE 401(K) PROFIT SHARING PLAN & TRUST · SOUTHFIELD, MI · plan year 2025

Reported admin expense ratio · 2025
0.43%

Millennium Software reported $57,766 in plan administrative expenses for 2025: 0.43% of average plan assets, above the peer median. 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 4 years on file its reported administrative ratio has held roughly steady near 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,280th-largest of 2,619 plans among Michigan employers on file, and 6,744th of 11,654 in professional & technical services. active participation has grown from 385 to 492 since 2022.

Plan summary
Net assets, end of year$14,337,489
Participants with balances194
Active participants492
Employer contributions—
Employee contributions$2,064,569
Employer contribution per active participant—
Average account balance$73,905
Benefits paid to participants$2,225,786
Plan auditUnmodified (clean) audit opinion
AuditorNPD GROUP CPA, P.C.
Plan history4
Yearassets · accounts · employer contribution
2025$14.3M · 194 accts
2024$12.3M · 171 accts
2023$11.1M · 157 accts
2022$9.9M · 153 accts
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$48,364
Investment management$3,500
Trustee / custodial$5,362
Total administrative$57,766
What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
SENTINEL BENEFITS GROUP, LLC · Recordkeeping · Consulting$48,364
CHARLES SCHWAB TRUST COMPANY · Custodial (securities)$5,902

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

Recordkeeper by year3
2025Sentinel Group
2024Sentinel Group
2023Sentinel Group

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Administrative cost history4
2025$57,766 · 0.43%
2024$52,732 · 0.45%
2023$48,366 · 0.46%
2022$49,437 · 0.45%
Same employer
Similar plansProfessional & Technical Services · Michigan
Morse Group, PLLC MI$15.1M · 0.41%
Kpit Technologies Inc. MI$14.7M · 0.85%
Technosoft Corporation MI$14.3M · 0.37%
Witzenmann USA, LLC MI$14.3M · 0.15%
Jacobsen/Daniels Associates MI$13.9M · 0.07%
Orlans P.C. MI$13.7M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383316472 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.