Plan Ledger DOL Form 5500 · updated monthly

Planned Parenthood of Michigan403(b)

403B THRIFT PLAN OF PLANNED PARENTHOOD OF MICHIGAN · ANN ARBOR, MI · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Planned Parenthood of Michigan reported $52,379 in plan administrative expenses for 2024: 0.63% of average plan assets, above the peer median. Employer contributions averaged $953 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 0.55% to 0.63%. 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 (1,623rd of 2,619), and 6,116th of 11,911 in health care & social assistance. In 2024, employees put in $3.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,829,540
Participants with balances225
Active participants218
Employer contributions$207,741
Employee contributions$757,503
Employer contribution per active participant$953
Average account balance$39,242
Benefits paid to participants$999,567
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 225 accts · $208K emplr
2023$7.8M · 206 accts · $196K emplr
2022$6.6M · 203 accts · $175K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,422
Investment management$20,063
Trustee / custodial$4,354
Total administrative$52,379
Employer contributions to the Planned Parenthood of Michigan plan · 2024
Employer contribution per active participant$953
Median for plans this size$1,313
2024$953 per active participant
2023$958 per active participant
2022$824 per active participant

Planned Parenthood of Michigan's 2024 employer contribution ran below the $1,313 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 · 20242
SENTINEL BENEFITS GROUP, INC. · Recordkeeping · Consulting$27,422
SENTINEL PENSION ADVISORS · Consulting · Investment advisory (participants)$20,063

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

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

Administrative cost history3
2024$52,379 · 0.63%
2023$44,994 · 0.62%
2022$42,256 · 0.55%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
The Lighthouse, Inc. MI$9.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381707521 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.