Plan Ledger DOL Form 5500 · updated monthly

Routeone, L.L.C.401(k)

ROUTEONE 401(K) PLAN · FARMINGTON HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Routeone, L.L.C. reported $15,255 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,556 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 0.02% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 433rd-largest of 2,619 plans among Michigan employers on file, and the 2,240th of 11,654 in professional & technical services. In 2024, employees put in $2.37 for every $1.00 the employer contributed; active participation has grown from 336 to 426 since 2022.

Plan summary
Net assets, end of year$63,517,923
Participants with balances491
Active participants426
Employer contributions$1,940,980
Employee contributions$4,607,758
Employer contribution per active participant$4,556
Average account balance$129,364
Benefits paid to participants$1,712,435
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$63.5M · 491 accts · $1.9M emplr
2023$50.3M · 451 accts · $1.7M emplr
2022$39.4M · 406 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,255
Total administrative$15,255
The Routeone, L.L.C. 401(k) match · 2024
Employer contribution per active participant$4,556
Median for plans this size$3,635
2024$4,556 per active participant
2023$4,575 per active participant
2022$4,473 per active participant

Routeone, L.L.C.'s 2024 employer contribution ran above the $3,635 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
SENTINEL BENEFITS GROUP, INC. · Recordkeeping · Consulting$15,255

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

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

Administrative cost history3
2024$15,255 · 0.03%
2023$10,519 · 0.02%
2022$8,040 · 0.02%
Similar plansProfessional & Technical Services · Michigan
Hirotec America, Inc. MI$67.9M · 0.03%
Workforce Software, LLC MI$67.4M · 0.04%
Progressive Ae, Inc. MI$63.7M · 0.28%
Service Express, LLC MI$61.7M · 0.44%
Vector North America, Inc. MI$60.6M · 0.02%
Towerpinkster MI$60.1M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010715747 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.