Plan Ledger DOL Form 5500 · updated monthly

The Arbor Circle Corporation401(k)

ARBOR CIRCLE RETIREMENT PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

The Arbor Circle Corporation reported $2,268 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,214 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 fell from 0.26% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (1,736th of 2,619), and 6,616th of 11,911 in health care & social assistance. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has grown from 274 to 315 since 2022.

Plan summary
Net assets, end of year$7,627,186
Participants with balances256
Active participants315
Employer contributions$382,317
Employee contributions$674,551
Employer contribution per active participant$1,214
Average account balance$29,794
Benefits paid to participants$346,319
Plan auditUnmodified (clean) audit opinion
AuditorANDREWS HOOPER PAVLIK PLC (AHP)
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 256 accts · $382K emplr
2023$5.9M · 243 accts · $324K emplr
2022$4.7M · 210 accts · $132K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,520
Investment management$748
Total administrative$2,268
The The Arbor Circle Corporation 401(k) match · 2024
Employer contribution per active participant$1,214
Median for plans this size$1,313
2024$1,214 per active participant
2023$1,086 per active participant
2022$482 per active participant

The Arbor Circle Corporation's 2024 employer contribution ran below the $1,313 median for plans its size. 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 · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Participant communication$1,520
KESTRA INVESTMENT SERVICES · Consultingindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$2,268 · 0.03%
2023$14,016 · 0.26%
2022$12,686 · 0.26%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
Area Agency on Aging 1-B MI$7.7M · 0.58%
Lansing Urgent Care, PLC MI$7.7M · 0.67%
Naberhaus Therapy Inc MI$7.4M · 0.32%
Svrc Industries, Inc. MI$7.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383263853 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.