Plan Ledger DOL Form 5500 · updated monthly

Oakland Automation, LLC401(k)

OAKLAND INDUSTRIES 401(K) PLAN · YPSILANTI, MI · plan year 2022

Reported admin expense ratio · 2022
0.74%

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

Oakland Automation, LLC reported $39,518 in plan administrative expenses for 2022: 0.74% of average plan assets, above the peer median. Employer contributions averaged $2,605 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (1,980th of 2,619), and 9,721st of 11,654 in professional & technical services. In 2022, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,201,993
Participants with balances109
Active participants99
Employer contributions$257,927
Employee contributions$544,783
Employer contribution per active participant$2,605
Average account balance$47,725
Benefits paid to participants$327,894
Plan auditUnmodified (clean) audit opinion
AuditorALEXANDER & WILLIAMS, LLC
Administrative expenses, itemized · 2022
Investment management$39,518
Total administrative$39,518
The Oakland Automation, LLC 401(k) match · 2022
Employer contribution per active participant$2,605
Median for plans this size$1,114

Oakland Automation, LLC's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$39,518 · 0.74%
Similar plansProfessional & Technical Services · Michigan
Nuspire LLC MI$5.6M · 0.18%
Tti Global, Inc. MI$5.0M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811084782 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.