Plan Ledger DOL Form 5500 · updated monthly

Rsdc of Michigan LLC401(k)

RSDC OF MICHIGAN LLC 401(K) PROFIT SHARING PLAN & TRUST · HOLT, MI · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Rsdc of Michigan LLC reported $40,975 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,616 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 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,421st of 2,619), and 8,093rd of 13,661 in manufacturing. In 2024, employees put in $2.42 for every $1.00 the employer contributed; active participation has grown from 159 to 176 since 2022.

Plan summary
Net assets, end of year$11,787,903
Participants with balances173
Active participants176
Employer contributions$284,375
Employee contributions$687,341
Employer contribution per active participant$1,616
Average account balance$68,138
Benefits paid to participants$1,256,137
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 173 accts · $284K emplr
2023$10.9M · 185 accts · $296K emplr
2022$10.0M · 183 accts · $268K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,168
Investment management$31,807
Total administrative$40,975
The Rsdc of Michigan LLC 401(k) match · 2024
Employer contribution per active participant$1,616
Median for plans this size$2,416
2024$1,616 per active participant
2023$1,732 per active participant
2022$1,687 per active participant

Rsdc of Michigan LLC's 2024 employer contribution ran below 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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$31,806
ADP, INC. · Loan processing · Recordkeeping$9,168
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$40,975 · 0.36%
2023$34,708 · 0.33%
2022$38,863 · 0.35%
Similar plansManufacturing · Michigan
Chardam Gear Company, Inc. MI$11.8M · 0.18%
Orbitform Group, LLC MI$11.8M · 0.41%
Whitlam Group, Inc. MI$11.6M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383332236 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.