Plan Ledger DOL Form 5500 · updated monthly

Miramed Global Services, Inc.401(k)

MIRAMED GLOBAL SERVICES, INC. 401(K) RETIREMENT PLAN · JACKSON, MI · plan year 2022

Reported admin expense ratio · 2022
1.02%

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

Miramed Global Services, Inc. reported $227,351 in plan administrative expenses for 2022: 1.02% of average plan assets, higher than ~90% of peers. Employer contributions averaged $104 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,028th-largest of 2,619 plans among Michigan employers on file, and the 612th of 2,534 in administrative & support services. In 2022, employees put in $35.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,158,433
Participants with balances963
Active participants475
Employer contributions$49,573
Employee contributions$1,736,724
Employer contribution per active participant$104
Average account balance$20,933
Benefits paid to participants$2,537,176
Plan auditUnmodified (clean) audit opinion
AuditorMRPR
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$20.2M · 963 accts · $50K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$227,351
Total administrative$227,351
The Miramed Global Services, Inc. 401(k) match · 2022
Employer contribution per active participant$104
Median for plans this size$2,266

Miramed Global Services, Inc.'s 2022 employer contribution ran below the $2,266 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$227,351 · 1.02%
Same employer
Similar plansAdministrative & Support Services · Michigan
Exhibit Works, Inc. MI$31.9M · 0.41%
W&P Management, LLC MI$29.0M · 0.43%
Rdv Staffing, Inc. MI$27.3M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203363271 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.