Plan Ledger DOL Form 5500 · updated monthly

Safari Circuits, LLC401(k)

SAFARI CIRCUITS, LLC 401(K) PLAN · OTSEGO, MI · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Safari Circuits, LLC reported $25,656 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $655 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 fell from 0.44% to 0.32%. 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 (1,652nd of 2,619), and 9,427th of 13,661 in manufacturing. In 2024, employees put in $5.17 for every $1.00 the employer contributed; active participation has grown from 134 to 161 since 2022.

Plan summary
Net assets, end of year$8,532,094
Participants with balances163
Active participants161
Employer contributions$105,416
Employee contributions$545,289
Employer contribution per active participant$655
Average account balance$52,344
Benefits paid to participants$361,204
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 163 accts · $105K emplr
2023$7.4M · 154 accts · $95K emplr
2022$6.9M · 145 accts · $87K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,737
Investment management$5,919
Total administrative$25,656
The Safari Circuits, LLC 401(k) match · 2024
Employer contribution per active participant$655
Median for plans this size$1,313
2024$655 per active participant
2023$661 per active participant
2022$650 per active participant

Safari Circuits, LLC's 2024 employer contribution ran below 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
ASCENSUS LLC · Loan processing · Recordkeeping$19,737
ROCKEFELLER · Investment advisory (plan)$5,371

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$25,656 · 0.32%
2023$21,026 · 0.29%
2022$33,361 · 0.44%
Same employer
Similar plansManufacturing · Michigan
Bayloff Stamped Products MI$8.7M · 0.47%
Linn Products, Inc. MI$8.7M · 0.42%
Chemico LLC MI$8.6M · 0.54%
Hbpo North America, Inc. MI$8.6M · 0.73%
Associated Spring US, LLC MI$8.5M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873955696 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.