Plan Ledger DOL Form 5500 · updated monthly

Signature Healthcare Services, LLC401(k)

AURORA BEHAVIORAL HEALTH SAVINGS & RETIREMENT PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
1.31%

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

Signature Healthcare Services, LLC reported $757,695 in plan administrative expenses for 2024: 1.31% of average plan assets, higher than ~90% of peers. Employer contributions averaged -$0 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 0.18% to 1.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 456th-largest of 2,619 plans among Michigan employers on file, and the 1,616th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$59,864,636
Participants with balances4,475
Active participants5,156
Employer contributions-$75
Employee contributions$9,999,122
Employer contribution per active participant-$0
Average account balance$13,378
Benefits paid to participants$12,855,914
Plan auditUnmodified (clean) audit opinion
AuditorWALTER, BOESKY & ASSOCIATES, P.
Plan history2
Yearassets · accounts · employer contribution
2024$59.9M · 4,475 accts
2022$44.6M · 5,210 accts · $21K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$607,514
Investment management$133,003
Audit (IQPA)$16,300
Total administrative$757,695
The Signature Healthcare Services, LLC 401(k) match · 2024
Employer contribution per active participant-$0
Median for plans this size$3,635

Signature Healthcare Services, LLC's 2024 employer contribution ran below the $3,635 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 · 20245
RAYMOND JAMES · Investment advisory (plan)$115,090
EMPOWER ADVISORY GROUP, LLC · Investment management$17,913
WALTER BOESKY & ASSOCIATES PC · Accounting / audit$16,300
COLONIAL SURETY AGENCY, LLC$878

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

Administrative cost history2
2024$757,695 · 1.31%
2022$84,043 · 0.18%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
Scheurer Hospital MI$68.6M · 0.01%
U.S. Medical Management LLC MI$63.4M · 0.60%
Paragon Health, P.C. MI$62.6M · 0.20%
Arcturus Healthcare PLC MI$61.0M · 0.13%
Emergent Health Partners MI$59.4M · 0.23%
Gift of Life Michigan MI$53.9M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383544748 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.