Plan Ledger DOL Form 5500 · updated monthly

Southeastern Michigan Health AssociationDC plan

TAX DEFERRED ANNUITY PLAN OF SOUTHEASTERN MICHIGAN HEALTH ASSOCIATION · DETROIT, MI · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Southeastern Michigan Health Association reported $1,734 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% 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 0.01% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Michigan (1,539th of 2,619), and the 1,652nd of 3,341 in other services. active participation has shrunk from 356 to 258 since 2022.

Plan summary
Net assets, end of year$10,017,688
Participants with balances407
Active participants258
Employer contributions$0
Employee contributions$420,148
Employer contribution per active participant$0
Average account balance$24,613
Benefits paid to participants$783,080
Plan auditUnmodified (clean) audit opinion
AuditorALAN C YOUNG AND ASSOCIATES PC
Plan history3
Yearassets · accounts · employer contribution
2024$10.0M · 407 accts
2023$9.2M · 438 accts
2022$9.1M · 517 accts
Employer contributions to the Southeastern Michigan Health Association plan · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Southeastern Michigan Health Association's 2024 employer contribution ran below the $1,313 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,274

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$1,734 · 0.02%
2023$796 · 0.01%
2022$1,380 · 0.01%
All plans at this employer2
401(A) THRIFT PLAN OF SOUTHEASTERN MICHIGAN HEALTH ASSOCIATIONProfit-sharing plan
TAX DEFERRED ANNUITY PLAN OF SOUTHEASTERN MICHIGAN HEALTH ASSOCIATIONDefined-contribution plan
Same employer
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Community Action Agency MI$10.7M · 0.77%
Sohn Linen Service MI$10.6M · 0.33%
Dykstras Auto LLC MI$10.4M · 0.59%
K S Services, Inc. MI$9.7M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381671500 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.