Plan Ledger DOL Form 5500 · updated monthly

Mt. Pleasant Abstract & Title, Inc.401(k)

MT PLEASANT ABSTRACT & TITLE, INC. 401(K) PROFIT SHARING PLAN · MT. PLEASANT, MI · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Mt. Pleasant Abstract & Title, Inc. reported $4,041 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,294 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 0.05% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Michigan (1,836th of 2,619), and 4,316th of 4,798 in finance & insurance. In 2024, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,578,924
Participants with balances145
Active participants110
Employer contributions$142,316
Employee contributions$339,189
Employer contribution per active participant$1,294
Average account balance$45,372
Benefits paid to participants$113,896
Plan auditUnmodified (clean) audit opinion
AuditorGARDNER, PROVENSANO, THOMS & LUPLO
Plan history2
Yearassets · accounts · employer contribution
2024$6.6M · 145 accts · $142K emplr
2022$4.7M · 122 accts · $150K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,041
Total administrative$4,041
The Mt. Pleasant Abstract & Title, Inc. 401(k) match · 2024
Employer contribution per active participant$1,294
Median for plans this size$1,313
2024$1,294 per active participant
2022$1,595 per active participant

Mt. Pleasant Abstract & Title, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
WILSHIRE ASSOCIATES INC (USA) · Investment advisory (participants)indirect comp
EDWARD D. JONES & CO., L.P. · Investment advisory (participants)indirect comp

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

Administrative cost history2
2024$4,041 · 0.07%
2022$2,448 · 0.05%
Similar plansFinance & Insurance · Michigan
Integra Partners MI$7.8M · 0.13%
Jolt Credit Union MI$7.8M · 0.05%
Financial Designs, Inc. MI$7.3M · 0.15%
Signal Advisors USA, Inc. MI$6.3M · 0.12%
Ross Mortgage Corporation MI$5.7M · 0.04%
Lighthouse Title, Inc. MI$4.6M · 0.66%
Retail Capital LLC MI$3.2M · 0.81%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 382364170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.