Plan Ledger DOL Form 5500 · updated monthly

Naberhaus Therapy Inc401(k)

NABERHAUS THERAPY INC 401(K) PROFIT SHARING PLAN & TRUST · PLYMOUTH, MI · plan year 2025

Reported admin expense ratio · 2025
0.32%

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

Naberhaus Therapy Inc reported $21,932 in plan administrative expenses for 2025: 0.32% of average plan assets, below the peer median. Employer contributions averaged $1,562 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 fell from 0.43% to 0.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (1,758th of 2,619), and 6,702nd of 11,911 in health care & social assistance. In 2025, employees put in $2.33 for every $1.00 the employer contributed; active participation has shrunk from 176 to 110 since 2022.

Plan summary
Net assets, end of year$7,372,414
Participants with balances150
Active participants110
Employer contributions$171,839
Employee contributions$401,220
Employer contribution per active participant$1,562
Average account balance$49,149
Benefits paid to participants$550,625
Plan auditUnmodified (clean) audit opinion
AuditorMRPR GROUP, PC
Plan history4
Yearassets · accounts · employer contribution
2025$7.4M · 150 accts · $172K emplr
2024$6.2M · 150 accts · $193K emplr
2023$5.1M · 137 accts · $194K emplr
2022$3.9M · 159 accts · $196K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$17,572
Investment management$3,500
Trustee / custodial$860
Total administrative$21,932
The Naberhaus Therapy Inc 401(k) match · 2025
Employer contribution per active participant$1,562
Median for plans this size$1,464
2025$1,562 per active participant
2024$1,201 per active participant
2023$1,047 per active participant
2022$1,111 per active participant

Naberhaus Therapy Inc's 2025 employer contribution ran above the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
PAYCHEX, INC. · Recordkeeping$17,832

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

Recordkeeper by year3
2025Paychex
2024Paychex
2023Paychex

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

Administrative cost history4
2025$21,932 · 0.32%
2024$18,303 · 0.32%
2023$20,231 · 0.45%
2022$17,156 · 0.43%
Similar plansHealth Care & Social Assistance · Michigan
Lansing Urgent Care, PLC MI$7.7M · 0.67%
Svrc Industries, Inc. MI$7.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200706090 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.