Plan Ledger DOL Form 5500 · updated monthly

Presidion Solutions, Inc.401(k)

PRESIDION SOLUTIONS, INC. 401(K) PLAN · ROYAL OAK, MI · plan year 2023

Reported admin expense ratio · 2023
4.36%

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

Presidion Solutions, Inc. reported $61,431 in plan administrative expenses for 2023: 4.36% 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 4.22% to 8.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Michigan (2,436th of 2,619), and 2,069th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$1,446,767
Participants with balances203
Active participants203
Employer contributions$0
Employee contributions$0
Employer contribution per active participant$0
Average account balance$7,127
Plan auditUnmodified (clean) audit opinion
AuditorSKIBBIE CPA, INC
Plan history3
Yearassets · accounts · employer contribution
2024$10K · 25 accts
2023$1.4M · 203 accts
2022$1.4M · 202 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$61,431
Total administrative$61,431
The Presidion Solutions, Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Presidion Solutions, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
FUTUREBENEFITS OF AMERICA · Recordkeeping$20,395
JAMES E. BAIERS · Trustee$20,000
MORGAN STANLEY · Trustee$13,918

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

Recordkeeper by year2
2024FUTUREBENEFITS OF AMERICA
2023FUTUREBENEFITS OF AMERICA

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

Administrative cost history3
2024$58,292 · 8.00%
2023$61,431 · 4.36%
2022$62,257 · 4.22%
Similar plansAdministrative & Support Services · Michigan
Infotree Service Inc MI$1.6M · 0.69%
Ektello LLC MI$1.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383547703 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.