Plan Ledger DOL Form 5500 · updated monthly

Team Rehabilitation Services LLC401(k)

TEAM REHABILITATION 401(K) PLAN · CLINTON TOWNSHIP, MI · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Team Rehabilitation Services LLC reported $172,947 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,590 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 0.20% to 0.25%. 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 369th-largest of 2,619 plans among Michigan employers on file, and the 1,326th of 11,911 in health care & social assistance. In 2024, employees put in $2.71 for every $1.00 the employer contributed; active participation has grown from 1,521 to 1,736 since 2022.

Plan summary
Net assets, end of year$76,963,337
Participants with balances2,142
Active participants1,736
Employer contributions$2,760,892
Employee contributions$7,488,740
Employer contribution per active participant$1,590
Average account balance$35,931
Benefits paid to participants$4,266,066
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$77.0M · 2,142 accts · $2.8M emplr
2023$61.2M · 1,969 accts · $2.6M emplr
2022$46.0M · 1,802 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,820
Investment management$68,232
Total administrative$172,947
The Team Rehabilitation Services LLC 401(k) match · 2024
Employer contribution per active participant$1,590
Median for plans this size$3,635
2024$1,590 per active participant
2023$1,631 per active participant
2022$1,574 per active participant

Team Rehabilitation 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 · 20243
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$68,006
ADP, INC. · Recordkeeping · Trustee$54,044
CHARLES SCHWAB & CO, INC. · Securities brokerage$158

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

Recordkeeper by year2
2024ADP, Morgan Stanley
2023ADP, Morgan Stanley

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

Administrative cost history3
2024$172,947 · 0.25%
2023$102,214 · 0.19%
2022$90,347 · 0.20%
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%

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Source: U.S. Department of Labor, Form 5500 series, EIN 412064132 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.