Plan Ledger DOL Form 5500 · updated monthly

Program Planning Professionals Inc.401(k)

PROGRAM PLANNING PROFESSIONALS INC 401(K) PLAN · ANN ARBOR, MI · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Program Planning Professionals Inc. reported $28,464 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $3,167 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 0.31% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (1,448th of 2,619), and 7,596th of 11,654 in professional & technical services. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,329,198
Participants with balances331
Active participants201
Employer contributions$636,604
Employee contributions$1,293,514
Employer contribution per active participant$3,167
Average account balance$34,227
Benefits paid to participants$2,483,088
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 331 accts · $637K emplr
2023$10.6M · 291 accts · $634K emplr
2022$9.2M · 260 accts · $331K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,464
Total administrative$28,464
The Program Planning Professionals Inc. 401(k) match · 2024
Employer contribution per active participant$3,167
Median for plans this size$2,416
2024$3,167 per active participant
2023$2,948 per active participant
2022$1,726 per active participant

Program Planning Professionals Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
ASCENSUS LLC · Loan processing · Recordkeeping$28,464

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$28,464 · 0.26%
2023$28,732 · 0.29%
2022$29,765 · 0.31%
Similar plansProfessional & Technical Services · Michigan
Iri Consultants, Inc. MI$11.5M · 0.44%
Coretek, Inc. MI$11.3M · 0.60%
Dornerworks, LLC MI$11.0M · 0.20%
Coleman Engineering Company MI$10.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383166928 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.