Plan Ledger DOL Form 5500 · updated monthly

The Behavioral Center of Michigan401(k)

THE BEHAVIORAL CENTER OF MICHIGAN 401(K) RETIREMENT PLAN · WARREN, MI · plan year 2022

Reported admin expense ratio · 2022
2.14%

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

The Behavioral Center of Michigan reported $17,824 in plan administrative expenses for 2022: 2.14% of average plan assets, higher 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 health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (2,515th of 2,619), and 11,091st of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$778,170
Participants with balances52
Active participants190
Employer contributions$0
Employee contributions$177,543
Employer contribution per active participant$0
Average account balance$14,965
Benefits paid to participants$158,902
Plan auditUnmodified (clean) audit opinion
AuditorDOEREN MAYHEW CPAS AND ADVISORS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,557
Investment management$16,267
Total administrative$17,824
The The Behavioral Center of Michigan 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

The Behavioral Center of Michigan'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$17,824 · 2.14%
Similar plansHealth Care & Social Assistance · Michigan
Clm Enterprises, Inc. MI$888K · 0.08%
Dental Acq Group Holdings MI$806K · 0.24%
Forefront Healthcare LLC MI$748K · 1.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900499723 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.