Plan Ledger DOL Form 5500 · updated monthly

The Edison Institute dba the Henry Ford403(b)

THE EDISON INSTITUTE 403(B) TDA PLAN · DEARBORN, MI · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

The Edison Institute dba the Henry Ford reported $48,037 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $2,524 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 0.08% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 604th-largest of 2,619 plans among Michigan employers on file, and the 534th of 3,341 in other services. In 2024, employees put in $1.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,129,032
Participants with balances854
Active participants581
Employer contributions$1,466,528
Employee contributions$1,583,002
Employer contribution per active participant$2,524
Average account balance$48,160
Benefits paid to participants$2,362,253
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.1M · 854 accts · $1.5M emplr
2023$36.0M · 608 accts · $1.3M emplr
2022$29.8M · 561 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,037
Total administrative$48,037
Employer contributions to the The Edison Institute dba the Henry Ford plan · 2024
Employer contribution per active participant$2,524
Median for plans this size$2,416
2024$2,524 per active participant
2023$2,307 per active participant
2022$1,895 per active participant

The Edison Institute dba the Henry Ford's 2024 employer contribution ran above the $2,416 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
VOYA RETIREMENT INS AND ANNUITY CO · Contract administrator · Recordkeeping$45,303
TIAA · Custodial · Custodial (securities)$2,734

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

Recordkeeper by year2
2024Voya
2023Voya

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

Administrative cost history3
2024$48,037 · 0.12%
2023$37,515 · 0.11%
2022$26,565 · 0.08%
Same employer
Similar plansOther Services · Michigan
Trescal, Inc. MI$45.0M · 0.33%
Fraunhofer USA MI$44.0M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381359513 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.