Plan Ledger DOL Form 5500 · updated monthly

The Christman Company401(k)

THE CHRISTMAN COMPANY PROFIT SHARING RETIREMENT PLAN · LANSING, MI · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

The Christman Company reported $223,180 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $8,393 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 0.20% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 212th-largest of 2,619 plans among Michigan employers on file, and the 479th of 5,337 in construction. In 2024, the employer put in $1.64 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$136,449,740
Participants with balances957
Active participants892
Employer contributions$7,486,537
Employee contributions$4,560,379
Employer contribution per active participant$8,393
Average account balance$142,581
Benefits paid to participants$11,015,387
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$136.4M · 957 accts · $7.5M emplr
2023$119.1M · 872 accts · $7.6M emplr
2022$92.5M · 790 accts · $6.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$164,419
Investment management$58,761
Total administrative$223,180
The The Christman Company 401(k) match · 2024
Employer contribution per active participant$8,393
Median for plans this size$3,635
2024$8,393 per active participant
2023$8,807 per active participant
2022$7,588 per active participant

The Christman Company's 2024 employer contribution ran above the $3,635 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$164,419

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$223,180 · 0.17%
2023$182,981 · 0.17%
2022$188,744 · 0.20%
All plans at this employer2
THE CHRISTMAN COMPANY PROFIT SHARING RETIREMENT PLAN401(k)
THE CHRISTMAN EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansConstruction · Michigan
Walbridge Aldinger Company MI$158.1M · 0.01%
The Oscar W. Larson Company MI$113.8M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 380419740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.