Plan Ledger DOL Form 5500 · updated monthly

P & M Holding Group, LLP401(k)

P & M HOLDING GROUP, LLP & AFFILIATED ENTITIES TAX SAVINGS PLAN · SOUTHFIELD, MI · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

P & M Holding Group, LLP reported $346,925 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $3,571 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 0.06% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 48th-largest of 2,619 plans among Michigan employers on file, and the 240th of 11,654 in professional & technical services. In 2024, employees put in $3.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$747,477,733
Participants with balances4,990
Active participants3,703
Employer contributions$13,222,411
Employee contributions$43,814,175
Employer contribution per active participant$3,571
Average account balance$149,795
Benefits paid to participants$48,437,993
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$747.5M · 4,990 accts · $13.2M emplr
2023$655.4M · 4,978 accts · $12.4M emplr
2022$565.0M · 4,746 accts · $11.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$249,605
Investment management$58,779
Audit (IQPA)$18,360
Total administrative$346,925
The P & M Holding Group, LLP 401(k) match · 2024
Employer contribution per active participant$3,571
Median for plans this size$4,294
2024$3,571 per active participant
2023$3,435 per active participant
2022$3,242 per active participant

P & M Holding Group, LLP's 2024 employer contribution ran below the $4,294 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 · 20244
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$249,605
FIDUCIENT ADVISORS LLC · Investment management$58,779
WARNER NORCROSS JUDD LLP · Legal$20,181
MOSS ADAMS LLP · Accounting / audit$18,360

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$346,925 · 0.05%
2023$292,242 · 0.05%
2022$302,061 · 0.06%
All plans at this employer2
P & M HOLDING GROUP, LLP & AFFILIATED ENTITIES TAX SAVINGS PLAN401(k)
P & M HOLDING GROUP, LLP & AFFILIATED ENTITIES PENSION PLANMoney purchase plan
Same employer
Similar plansProfessional & Technical Services · Michigan
Fox Rothschild LLP PA$756.0M · 0.02%
Barnes & Thornburg LLP IN$753.5M · 0.07%
Cohnreznick LLP NJ$751.1M · 0.06%
Davis Wright Tremaine LLP WA$747.7M · 0.05%
Cozen Oconnor PA$746.4M · 0.04%
Serco Inc. VA$744.1M · 0.19%
West Monroe Partners, Inc. IL$742.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381357951 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.