Plan Ledger DOL Form 5500 · updated monthly

Oakland Integrated Healthcare Ne401(k)

OAKLAND INTEGRATED HEALTHCARE NETWORK 401K PLAN & TRUST · PONTIAC, MI · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Oakland Integrated Healthcare Ne reported $7,228 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,495 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 0.13% to 0.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (1,756th of 2,619), and 6,687th of 11,911 in health care & social assistance. In 2024, employees put in $1.70 for every $1.00 the employer contributed; active participation has grown from 116 to 152 since 2022.

Plan summary
Net assets, end of year$7,405,853
Participants with balances199
Active participants152
Employer contributions$531,182
Employee contributions$902,124
Employer contribution per active participant$3,495
Average account balance$37,215
Benefits paid to participants$661,394
Plan auditUnmodified (clean) audit opinion
AuditorYEO & YEO
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 199 accts · $531K emplr
2023$5.8M · 182 accts · $459K emplr
2022$4.0M · 162 accts · $352K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,228
Total administrative$7,228
The Oakland Integrated Healthcare Ne 401(k) match · 2024
Employer contribution per active participant$3,495
Median for plans this size$1,313
2024$3,495 per active participant
2023$3,278 per active participant
2022$3,034 per active participant

Oakland Integrated Healthcare Ne's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ADP, INC. · Loan processing · Recordkeeping$7,228
ADP BROKER-DEALER · Other servicesindirect comp
NORTHWESTERN MUTUAL · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$7,228 · 0.11%
2023$4,138 · 0.08%
2022$5,110 · 0.13%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
Area Agency on Aging 1-B MI$7.7M · 0.58%
Lansing Urgent Care, PLC MI$7.7M · 0.67%
Naberhaus Therapy Inc MI$7.4M · 0.32%
Svrc Industries, Inc. MI$7.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383844634 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.