Plan Ledger DOL Form 5500 · updated monthly

Moss Telecommunication Services401(k)

MOSS TELECOMMUNICATION SERVICES RETIREMENT SAVINGS PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Moss Telecommunication Services reported $23,717 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $2,743 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 $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Michigan (2,015th of 2,619), and 4,011th of 5,337 in construction. In 2024, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,899,854
Participants with balances135
Active participants122
Employer contributions$334,697
Employee contributions$465,581
Employer contribution per active participant$2,743
Average account balance$36,295
Benefits paid to participants$183,598
Plan auditUnmodified (clean) audit opinion
AuditorBAKER HOLTZ, PC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,944
Investment management$12,014
Trustee / custodial$7,759
Total administrative$23,717
The Moss Telecommunication Services 401(k) match · 2024
Employer contribution per active participant$2,743
Median for plans this size$1,313

Moss Telecommunication Services's 2024 employer contribution ran above the $1,313 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
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$12,846
BHS FINANCIAL SERVICES · Investment advisory (participants) · Investment advisory (plan)$12,014

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

Administrative cost history1
2024$23,717 · 0.55%
Similar plansConstruction · Michigan
L&D Electric, Inc. D/B/A MI$5.5M · 1.02%
Oak Electric Service Inc MI$5.3M · 0.89%
Serve Electric LLC MI$5.2M · 0.74%
Creek Enterprise, Inc MI$5.1M · 0.33%
Circuit Electric, Inc. MI$4.8M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382181711 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.