Plan Ledger DOL Form 5500 · updated monthly

Miller, Johnson, Snell & Cummiskey, P.L.C.401(k)

MILLER, JOHNSON, SNELL & CUMMISKEY, P.L.C. 401(K) RETIREMENT SAVINGS PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Miller, Johnson, Snell & Cummiskey, P.L.C. reported $239,285 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $15,441 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 rose from 0.20% to 0.26%. 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 306th-largest of 2,619 plans among Michigan employers on file, and the 1,583rd of 11,654 in professional & technical services. In 2024, the employer put in $1.40 for every $1.00 employees contributed themselves; active participation has grown from 154 to 192 since 2022.

Plan summary
Net assets, end of year$95,645,900
Participants with balances204
Active participants192
Employer contributions$2,964,715
Employee contributions$2,117,008
Employer contribution per active participant$15,441
Average account balance$468,852
Benefits paid to participants$12,232,706
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$95.6M · 204 accts · $3.0M emplr
2023$86.7M · 192 accts · $2.7M emplr
2022$75.2M · 176 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,515
Investment management$228,770
Total administrative$239,285
The Miller, Johnson, Snell & Cummiskey, P.L.C. 401(k) match · 2024
Employer contribution per active participant$15,441
Median for plans this size$3,635
2024$15,441 per active participant
2023$15,620 per active participant
2022$16,285 per active participant

Miller, Johnson, Snell & Cummiskey, P.L.C.'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 · 20246
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping · Investment advisory (participants)$85,350
INNOVIA WEALTH LLC · Investment advisory (participants)$92,160
GREENLEAF TRUST · Investment management$24,080
EXCHANGE CAPITAL MANAGEMENT · Investment advisory (participants)$22,668
MIDWEST CAPITAL ADVISORS LLC · Investment advisory (participants)$14,791
CHARLES SCHWAB & CO., INC. · Securities brokerage$1,132

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$239,285 · 0.26%
2023$190,654 · 0.24%
2022$170,896 · 0.20%
Same employer
Similar plansProfessional & Technical Services · Michigan
Ghafari Associates, LLC MI$106.6M · 0.14%
Dm Companies Inc MI$106.0M · 0.24%
Arotech MI$89.0M · 0.33%
Plunkett Cooney, P.C. MI$87.2M · 0.22%
Wade Trim Group, Inc. MI$87.0M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381603110 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.