Plan Ledger DOL Form 5500 · updated monthly

Perceptron, Inc.401(k)

PERCEPTRON EMPLOYEES' 401K PLAN · PLYMOUTH, MI · plan year 2022

Reported admin expense ratio · 2022
0.19%

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

Perceptron, Inc. reported $55,704 in plan administrative expenses for 2022: 0.19% of average plan assets, below the peer median. Employer contributions averaged $5,773 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 826th-largest of 2,619 plans among Michigan employers on file, and the 4,747th of 13,661 in manufacturing. In 2022, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,930,120
Participants with balances195
Active participants124
Employer contributions$715,853
Employee contributions$1,421,420
Employer contribution per active participant$5,773
Average account balance$143,231
Benefits paid to participants$1,093,872
Plan auditUnmodified (clean) audit opinion
AuditorMRPR GROUP
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$27.9M · 195 accts · $716K emplr
Administrative expenses, itemized · 2022
Professional / advisory$32,300
Total administrative$55,704
The Perceptron, Inc. 401(k) match · 2022
Employer contribution per active participant$5,773
Median for plans this size$2,266

Perceptron, Inc.'s 2022 employer contribution ran above the $2,266 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 history2
2023Not separately reported
2022$55,704 · 0.19%
Similar plansManufacturing · Michigan
The Mill Steel Co. MI$28.3M · 0.22%
Nlb Corporation MI$28.1M · 0.14%
Metal Flow Corporation MI$28.0M · 0.39%
Stageright Corporation MI$27.6M · 0.30%
Fritz Enterprises, Inc. MI$27.6M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 382381442 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.