Plan Ledger DOL Form 5500 · updated monthly

Orchard, Hiltz and McCliment, Inc.401(k)

ORCHARD, HILTZ & MCCLIMENT PROFIT SHARING/401(K) PLAN · LIVONIA, MI · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Orchard, Hiltz and McCliment, Inc. reported $41,710 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,196 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 rose from 0.031% to 0.035%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 217th-largest of 2,619 plans among Michigan employers on file, and the 1,188th of 11,654 in professional & technical services. In 2024, employees put in $1.63 for every $1.00 the employer contributed; active participation has grown from 598 to 743 since 2022.

Plan summary
Net assets, end of year$130,994,774
Participants with balances882
Active participants743
Employer contributions$3,860,910
Employee contributions$6,294,968
Employer contribution per active participant$5,196
Average account balance$148,520
Benefits paid to participants$8,483,470
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$131.0M · 882 accts · $3.9M emplr
2023$109.0M · 786 accts · $3.3M emplr
2022$84.6M · 749 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,104
Investment management$18,305
Audit (IQPA)$19,301
Total administrative$41,710
The Orchard, Hiltz and McCliment, Inc. 401(k) match · 2024
Employer contribution per active participant$5,196
Median for plans this size$3,635
2024$5,196 per active participant
2023$5,179 per active participant
2022$4,538 per active participant

Orchard, Hiltz and McCliment, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20243
UHY, LLP · Accounting / audit$19,301
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$18,305
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,116

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$41,710 · 0.03%
2023$33,663 · 0.03%
2022$27,676 · 0.03%
Same employer
Similar plansProfessional & Technical Services · Michigan
Serra Automotive, Inc. MI$150.6M · 0.31%
Akebono Brake Corporation MI$148.1M · 0.05%
Logicalis, Inc. MI$125.3M · 0.35%
Merative US L.P. MI$117.6M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381691323 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.