Plan Ledger DOL Form 5500 · updated monthly

R & E Automated Systems, LLC401(k)

R & E AUTOMATED SYSTEMS, LLC 401(K) PROFIT SHARING PLAN · BRUCE TOWNSHIP, MI · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

R & E Automated Systems, LLC reported $117,073 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $579 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 3 years on file its reported administrative ratio has held roughly steady near 0.502%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 874th-largest of 2,619 plans among Michigan employers on file, and the 858th of 3,341 in other services. In 2024, employees put in $6.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,366,002
Participants with balances359
Active participants534
Employer contributions$308,991
Employee contributions$2,085,176
Employer contribution per active participant$579
Average account balance$70,657
Benefits paid to participants$1,628,246
Plan auditUnmodified (clean) audit opinion
AuditorFENNER, MELSTROM & DOOLING, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$25.4M · 359 accts · $309K emplr
2023$21.3M · 330 accts · $404K emplr
2022$17.2M · 342 accts · $416K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,761
Investment management$60,662
Total administrative$117,073
The R & E Automated Systems, LLC 401(k) match · 2024
Employer contribution per active participant$579
Median for plans this size$2,416
2024$579 per active participant
2023$764 per active participant
2022$747 per active participant

R & E Automated Systems, LLC's 2024 employer contribution ran below the $2,416 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 · 20245
GALLAGHER BENEFIT SERVICES INC DBA · Investment advisory (plan)$20,904
EMPOWER ADVISORY GROUP, LLC · Investment management$18,929
ENVESTNET RETIREMENT SOLUTIONS, LLC$8,650
NORTHWESTERN MUTUAL INVESTMENT SVCSindirect comp

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$117,073 · 0.50%
2023$96,788 · 0.50%
2022$92,406 · 0.50%
Same employer
Similar plansOther Services · Michigan
The Ave Maria Foundation MI$27.0M · 0.34%
Detroit Regional Chamber MI$22.6M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352270088 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.