Plan Ledger DOL Form 5500 · updated monthly

Northeast Michigan Community Service Agency, Inc.401(k)

NORTHEAST MICHIGAN COMMUNITY SERVICE AGENCY, INC. PROFIT SHARING PLAN · ALPENA, MI · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Northeast Michigan Community Service Agency, Inc. reported $107,336 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,846 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 fell from 0.37% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 735th-largest of 2,619 plans among Michigan employers on file, and the 658th of 3,341 in other services. In 2024, the employer put in $1.11 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$32,711,289
Participants with balances791
Active participants598
Employer contributions$1,702,165
Employee contributions$1,534,919
Employer contribution per active participant$2,846
Average account balance$41,354
Benefits paid to participants$3,650,721
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$32.7M · 791 accts · $1.7M emplr
2023$29.5M · 773 accts · $1.6M emplr
2022$25.8M · 910 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$107,336
Total administrative$107,336
The Northeast Michigan Community Service Agency, Inc. 401(k) match · 2024
Employer contribution per active participant$2,846
Median for plans this size$2,416
2024$2,846 per active participant
2023$2,359 per active participant
2022$2,299 per active participant

Northeast Michigan Community Service Agency, Inc.'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$107,336
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)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 history3
2024$107,336 · 0.35%
2023$117,897 · 0.43%
2022$106,855 · 0.37%
Same employer
Similar plansOther Services · Michigan
Trescal, Inc. MI$45.0M · 0.33%
Fraunhofer USA MI$44.0M · 0.09%
The Ave Maria Foundation MI$27.0M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381873461 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.