Plan Ledger DOL Form 5500 · updated monthly

Surveying Solutions, Inc.401(k)

SURVEYING SOLUTIONS, INC. 401(K) PLAN · STANDISH, MI · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Surveying Solutions, Inc. reported $30,643 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $6,309 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 3 years on file its reported administrative ratio has held roughly steady near 0.205%. 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 1,190th-largest of 2,619 plans among Michigan employers on file, and 6,290th of 11,654 in professional & technical services. In 2024, employees put in $1.40 for every $1.00 the employer contributed; active participation has shrunk from 123 to 107 since 2022.

Plan summary
Net assets, end of year$16,255,219
Participants with balances105
Active participants107
Employer contributions$675,030
Employee contributions$944,902
Employer contribution per active participant$6,309
Average account balance$154,812
Benefits paid to participants$1,058,178
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 105 accts · $675K emplr
2023$13.7M · 114 accts · $730K emplr
2022$9.9M · 107 accts · $665K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,959
Investment management$7,215
Total administrative$30,643
The Surveying Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$6,309
Median for plans this size$2,416
2024$6,309 per active participant
2023$6,136 per active participant
2022$5,406 per active participant

Surveying Solutions, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
ACEC RETIREMENT TRUST$21,469
EMPOWER ADVISORY GROUP, LLC · Investment management$8,016

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

Administrative cost history3
2024$30,643 · 0.20%
2023$23,027 · 0.20%
2022$21,231 · 0.20%
Similar plansProfessional & Technical Services · Michigan
Zausmer, P.C. MI$17.2M · 0.44%
Daysmart Software, LLC MI$16.6M · 0.52%
Latcha & Associates, L.L.C. MI$16.2M · 0.21%
Materialise USA, LLC MI$16.1M · 0.31%
Sidock Group, Inc. MI$15.1M · 0.29%
Morse Group, PLLC MI$15.1M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383620839 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.