Plan Ledger DOL Form 5500 · updated monthly

Sustainable Staffing Strategie401(k)

SUSTAINABLE STAFFING STRATEGIE 401(K) PROFIT SHARING PLAN & TRUST · ANN ARBOR, MI · plan year 2022

Reported admin expense ratio · 2022
0.30%

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

Sustainable Staffing Strategie reported $700 in plan administrative expenses for 2022: 0.30% 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Michigan (2,584th of 2,619), and 3,246th of 3,341 in other services.

Plan summary
Net assets, end of year$228,246
Participants with balances62
Active participants126
Employer contributions$0
Employee contributions$93,139
Employer contribution per active participant$0
Average account balance$3,681
Benefits paid to participants$47,252
Plan auditUnmodified (clean) audit opinion
AuditorDOEREN MAYHEW
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$686
Investment management$14
Total administrative$700
The Sustainable Staffing Strategie 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Sustainable Staffing Strategie's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$700 · 0.30%
Similar plansOther Services · Michigan
Salute Incorporated MI$844K · 0.86%
Mm Services II, LLC MI$803K · 3.74%
Maru Hospitality Group MI$133K · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823726624 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.