Plan Ledger DOL Form 5500 · updated monthly

Sidock Group, Inc.401(k)

SIDOCK GROUP, INC 401(K) · NOVI, MI · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Sidock Group, Inc. reported $43,061 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $867 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 0.28% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,249th-largest of 2,619 plans among Michigan employers on file, and 6,538th of 11,654 in professional & technical services. In 2024, employees put in $7.27 for every $1.00 the employer contributed; active participation has grown from 119 to 133 since 2022.

Plan summary
Net assets, end of year$15,140,447
Participants with balances123
Active participants133
Employer contributions$115,341
Employee contributions$838,342
Employer contribution per active participant$867
Average account balance$123,093
Benefits paid to participants$2,029,818
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.1M · 123 accts · $115K emplr
2023$14.1M · 118 accts · $115K emplr
2022$11.9M · 113 accts · $106K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,890
Investment management$29,171
Total administrative$43,061
The Sidock Group, Inc. 401(k) match · 2024
Employer contribution per active participant$867
Median for plans this size$2,416
2024$867 per active participant
2023$895 per active participant
2022$892 per active participant

Sidock Group, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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$13,890
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$29,171

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$43,061 · 0.29%
2023$37,591 · 0.29%
2022$38,013 · 0.28%
Same employer
Similar plansProfessional & Technical Services · Michigan
Surveying Solutions, Inc. MI$16.3M · 0.20%
Latcha & Associates, L.L.C. MI$16.2M · 0.21%
Materialise USA, LLC MI$16.1M · 0.31%
Morse Group, PLLC MI$15.1M · 0.41%
Kpit Technologies Inc. MI$14.7M · 0.85%
Technosoft Corporation MI$14.3M · 0.37%
Witzenmann USA, LLC MI$14.3M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383521484 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.