Plan Ledger DOL Form 5500 · updated monthly

Motus, LLC401(k)

MOTUS INTEGRATED TECHNOLOGIES 401(K) PLAN · HOLLAND, MI · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Motus, LLC reported $112,622 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,723 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 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 526th-largest of 2,619 plans among Michigan employers on file, and the 3,212th of 13,661 in manufacturing. In 2024, employees put in $1.71 for every $1.00 the employer contributed; active participation has shrunk from 1,104 to 849 since 2022.

Plan summary
Net assets, end of year$48,719,065
Participants with balances1,220
Active participants849
Employer contributions$2,312,133
Employee contributions$3,965,017
Employer contribution per active participant$2,723
Average account balance$39,934
Benefits paid to participants$6,442,314
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.7M · 1,220 accts · $2.3M emplr
2023$43.5M · 1,294 accts · $2.4M emplr
2022$38.2M · 1,164 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$112,622
Total administrative$112,622
The Motus, LLC 401(k) match · 2024
Employer contribution per active participant$2,723
Median for plans this size$2,416
2024$2,723 per active participant
2023$1,985 per active participant
2022$1,693 per active participant

Motus, LLC's 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$315,775

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$112,622 · 0.24%
2023$87,328 · 0.21%
2022$71,875 · 0.20%
Same employer
Similar plansManufacturing · Michigan
Mag Automotive, LLC MI$50.0M · 0.17%
Chelsea Milling Company MI$49.8M · 0.14%
Duravent, Inc. MI$48.7M · 0.38%
Huron Casting, Inc. MI$47.9M · 0.00%
Vericel Corporation MI$47.9M · 0.19%
Ridgeview Industries, Inc. MI$47.7M · 0.19%
Mnp Corporation MI$47.2M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800961074 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.