Plan Ledger DOL Form 5500 · updated monthly

Msx International Rns, LLC401(k)

MSX INTERNATIONAL 401(K) PLAN · SOUTHFIELD, MI · plan year 2023

Reported admin expense ratio · 2023
0.17%

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

Msx International Rns, LLC reported $112,140 in plan administrative expenses for 2023: 0.17% of average plan assets, above the peer median. Employer contributions averaged $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 3 years on file its reported administrative ratio has held roughly steady near 0.161%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 388th-largest of 2,619 plans among Michigan employers on file, and the 2,053rd of 11,654 in professional & technical services. In 2023, employees put in $11.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$70,406,145
Participants with balances1,878
Active participants1,010
Employer contributions$445,253
Employee contributions$4,988,604
Employer contribution per active participant$441
Average account balance$37,490
Benefits paid to participants$9,153,026
Plan auditUnmodified (clean) audit opinion
AuditorGRANT, MILLMAN & JOHNSON PC
Plan history3
Yearassets · accounts · employer contribution
2024$70.0M · 1,794 accts · $441K emplr
2023$70.4M · 1,878 accts · $445K emplr
2022$64.9M · 1,888 accts · $410K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$35,740
Investment management$62,500
Audit (IQPA)$13,900
Total administrative$112,140
The Msx International Rns, LLC 401(k) match · 2023
Employer contribution per active participant$441
Median for plans this size$3,659
2024$464 per active participant
2023$441 per active participant
2022$415 per active participant

Msx International Rns, LLC's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$27,246
CONCURRENT INVESTMENT ADVISORS LLC · Investment advisory (plan)$34,167
RAYMOND JAMES · Investment advisory (plan)$28,333
GRANT, MILLMAN & JOHNSON P.C · Accounting / audit$13,900

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

Administrative cost history3
2024$112,779 · 0.16%
2023$112,140 · 0.17%
2022$119,153 · 0.16%
Same employer
Similar plansProfessional & Technical Services · Michigan
Ricardo, Inc. MI$77.6M · 0.15%
Brooks Kushman P.C. MI$76.0M · 0.09%
Benesys, Inc. MI$70.1M · 0.21%
Stefanini MI$69.7M · 0.20%
Hirotec America, Inc. MI$67.9M · 0.03%
Workforce Software, LLC MI$67.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823432947 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.