Plan Ledger DOL Form 5500 · updated monthly

Pomeroy Living Management LLC401(k)

POMEROY LIVING MANAGEMENT LLC 401(K) PROFIT SHARING PLAN & TRUST · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
1.93%

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

Pomeroy Living Management LLC reported $111,749 in plan administrative expenses for 2024: 1.93% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 1.38% to 1.93%. 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 (1,904th of 2,619), and 7,381st of 11,911 in health care & social assistance. active participation has grown from 489 to 758 since 2022.

Plan summary
Net assets, end of year$5,948,750
Participants with balances541
Active participants758
Employer contributions$0
Employee contributions$851,200
Employer contribution per active participant$0
Average account balance$10,996
Benefits paid to participants$989,368
Plan auditUnmodified (clean) audit opinion
AuditorSCHLAUPITZ MADHAVAN, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 541 accts
2023$5.6M · 573 accts
2022$4.8M · 511 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,940
Investment management$38,809
Audit (IQPA)$14,000
Total administrative$111,749
The Pomeroy Living Management LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Pomeroy Living Management LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$21,657
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$17,152
SCHLAUPITZ MADHAVAN PC · Accounting / audit$14,000

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$111,749 · 1.93%
2023$87,810 · 1.68%
2022$76,163 · 1.38%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
Sparrow Development, Inc. MI$6.1M · 0.14%
Baruch Sls MI$5.9M · 0.66%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 810767408 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.