Plan Ledger DOL Form 5500 · updated monthly

Reed City Group, LLC403(b)

REED CITY GROUP, LLC 401(K) PLAN · REED CITY, MI · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Reed City Group, LLC reported $45,032 in plan administrative expenses for 2024: 0.68% of average plan assets, above the peer median. Employer contributions averaged $1,775 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 1 year on file its reported administrative ratio rose from 0.64% to 0.68%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,765th of 2,619), and 10,003rd of 13,661 in manufacturing. In 2024, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,300,884
Participants with balances161
Active participants180
Employer contributions$319,467
Employee contributions$534,199
Employer contribution per active participant$1,775
Average account balance$45,347
Benefits paid to participants$395,231
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$7.3M · 161 accts · $319K emplr
2023$6.0M · 157 accts · $292K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,799
Investment management$28,233
Total administrative$45,032
The Reed City Group, LLC 401(k) match · 2024
Employer contribution per active participant$1,775
Median for plans this size$1,313
2024$1,775 per active participant
2023$1,739 per active participant

Reed City Group, LLC's 2024 employer contribution ran above 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
PCS RETIREMENT, LLC · Claims processing · Contract administrator$16,799
NEWSQUARE CAPITAL, LLC · Investment management$22,247

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

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

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

Administrative cost history2
2024$45,032 · 0.68%
2023$34,222 · 0.64%
Similar plansManufacturing · Michigan
Kings & Convicts Bp LLC MI$7.3M · 0.63%
Nbhx Trim USA Corporation MI$7.3M · 0.46%
Greene Group Industries MI$7.2M · 0.63%
Acemco Incorporated MI$7.1M · 0.60%
Rose Medical MI$7.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271173056 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.