Plan Ledger DOL Form 5500 · updated monthly

Miller, Canfield, Paddock and Stone PLC401(k)

MILLER, CANFIELD, PADDOCK & STONE P.L.C. 401(K) CAPITAL ACCUMULATION PLAN · DETROIT, MI · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Miller, Canfield, Paddock and Stone PLC reported $24,116 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,144 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 0.02% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 117th-largest of 2,619 plans among Michigan employers on file, and the 645th of 11,654 in professional & technical services. In 2024, the employer put in $1.21 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$258,954,359
Participants with balances555
Active participants359
Employer contributions$4,718,833
Employee contributions$3,908,727
Employer contribution per active participant$13,144
Average account balance$466,584
Benefits paid to participants$20,917,184
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$259.0M · 555 accts · $4.7M emplr
2023$240.7M · 560 accts · $4.7M emplr
2022$213.7M · 576 accts · $4.7M emplr
The Miller, Canfield, Paddock and Stone PLC 401(k) match · 2024
Employer contribution per active participant$13,144
Median for plans this size$3,635
2024$13,144 per active participant
2023$13,125 per active participant
2022$12,405 per active participant

Miller, Canfield, Paddock and Stone PLC'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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$3,567
VANGUARD ADVISERS INC. · Investment advisory (participants)$21,497

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$24,116 · 0.01%
2023$20,716 · 0.01%
2022$48,445 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Michigan
Smithgroup Companies, Inc. MI$335.3M · 0.15%
Clark Hill PLC MI$318.2M · 0.06%
Dickinson Wright PLLC MI$304.9M · 0.07%
Uhy Advisors, Inc. MI$285.1M · 0.01%
J.D. Power MI$240.1M · 0.09%
Health Management Associates MI$224.2M · 0.05%
Stout Risius Ross, LLC MI$218.0M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 380836500 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.