Plan Ledger DOL Form 5500 · updated monthly

Monroe Engineering, LLC401(k)

MONROE ENGINEERING, LLC 401(K) PLAN · ROCHESTER HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.49%

Monroe Engineering, LLC reported $70,882 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. 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 3 years on file its reported administrative ratio has held roughly steady near 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,189th-largest of 2,619 plans among Michigan employers on file, and 2,238th of 4,246 in wholesale trade. active participation has grown from 385 to 735 since 2022.

Plan summary
Net assets, end of year$16,298,980
Participants with balances380
Active participants735
Employer contributions—
Employee contributions$1,774,107
Employer contribution per active participant—
Average account balance$42,892
Benefits paid to participants$491,184
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 380 accts
2023$12.4M · 318 accts
2022$5.8M · 194 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,579
Audit (IQPA)$66,303
Total administrative$70,882
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 · 20243
CREATIVE PLANNING HOLDCO, LLC · Recordkeeping · Trustee$52,080
MESIROW FINANCIAL INC · Recordkeeping · Trustee$14,223
ADP, INC. · Loan processing · Recordkeeping$4,579

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

Recordkeeper by year2
2024ADP, CREATIVE PLANNING HOLDCO, LLC, MESIROW FINANCIAL INC
2023ADP, MESIROW FINANCIAL INC

This plan has changed recordkeepers within these filings. If you left Monroe Engineering, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$70,882 · 0.49%
2023$42,772 · 0.47%
2022$30,890 · 0.51%
Similar plansWholesale Trade · Michigan
Brenner Oil Company MI$16.8M · 0.33%
H. Eikenhout & Sons, Inc. MI$16.4M · 0.44%
National Food Group, Inc. MI$16.4M · 0.39%
Morrell LLC MI$16.1M · 0.13%
Paragon Technologies, Inc. MI$15.8M · 0.19%
Atlas Oil Company MI$15.6M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452068187 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.