Plan Ledger DOL Form 5500 · updated monthly

Sherriff-Goslin Company401(k)

SHERRIFF-GOSLIN COMPANY PROFIT SHARING PLAN · BATTLE CREEK, MI · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Sherriff-Goslin Company reported $78,307 in plan administrative expenses for 2024: 0.81% of average plan assets, above the peer median. Employer contributions averaged $828 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 1.19% to 0.81%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Michigan (1,529th of 2,619), and 3,060th of 5,337 in construction. In 2024, employees put in $7.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,248,073
Participants with balances193
Active participants152
Employer contributions$125,832
Employee contributions$890,213
Employer contribution per active participant$828
Average account balance$53,099
Benefits paid to participants$877,563
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 193 accts · $126K emplr
2023$9.1M · 243 accts · $99K emplr
2022$7.7M · 220 accts · $107K emplr
Administrative expenses, itemized · 2024
Investment management$78,307
Total administrative$78,307
The Sherriff-Goslin Company 401(k) match · 2024
Employer contribution per active participant$828
Median for plans this size$1,313
2024$828 per active participant
2023$671 per active participant
2022$745 per active participant

Sherriff-Goslin Company'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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$21,979
M2B RETIREMENT CONSULTING, LLC · Recordkeeping · Loan processing$10,923
RPA FINANCIAL LLC · Investment advisory (plan)$25,112
PLANTE & MORAN, PLLC · Accounting / audit$18,950

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

Recordkeeper by year2
2024M2B RETIREMENT CONSULTING, LLC, Transamerica
2023M2B RETIREMENT CONSULTING, LLC, Transamerica

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

Administrative cost history3
2024$78,307 · 0.81%
2023$88,845 · 1.06%
2022$99,503 · 1.19%
Same employer
Similar plansConstruction · Michigan
R.W. Mercer Company MI$11.2M · 0.20%
Dood Enterprises MI$11.1M · 0.64%
The Colasanti Group, Inc. MI$10.6M · 0.23%
Dykema Excavators, Inc. MI$10.1M · 0.31%
Davis Construction, Inc. MI$8.7M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381028265 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.