Norma Michigan, Inc.401(k)

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

Norma Michigan, Inc. reported $128,182 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $2,221 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 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 356th-largest of 2,619 plans among Michigan employers on file, and the 2,226th of 13,661 in manufacturing. In 2024, employees put in $1.77 for every $1.00 the employer contributed; active participation has grown from 1,016 to 1,169 since 2022.