Plan Ledger DOL Form 5500 · updated monthly

Reed City Group, LLC403(b)

REED CITY GROUP, LLC 401(K) PLAN · REED CITY, MI · plan year 2022

Reported admin expense ratio · 2022
0.80%

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

Reed City Group, LLC reported $38,318 in plan administrative expenses for 2022: 0.80% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,079 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (2,033rd of 2,619), and 11,314th of 13,661 in manufacturing. In 2022, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,783,600
Participants with balances125
Active participants215
Employer contributions$231,966
Employee contributions$395,366
Employer contribution per active participant$1,079
Average account balance$38,269
Benefits paid to participants$209,412
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$26,485
Investment management$11,833
Total administrative$38,318
The Reed City Group, LLC 401(k) match · 2022
Employer contribution per active participant$1,079
Median for plans this size$1,114

Reed City Group, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$38,318 · 0.80%
Same employer
Similar plansManufacturing · Michigan
U.E. Michigan Sales LLC MI$4.9M · 0.02%
Elm Plating Company MI$4.9M · 0.09%
Cadillac Coffee Company MI$4.8M · 0.44%
Armaly Sponge Company MI$4.8M · 0.27%
American Msc, Inc. MI$4.8M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 901260318 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.