Plan Ledger DOL Form 5500 · updated monthly

The Lighthouse, Inc.401(k)

THE LIGHTHOUSE INC. 401K RETIREMENT PLAN · CARO, 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 Lighthouse, Inc. reported $2,175 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $621 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 0.029% to 0.026%. 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 (1,596th of 2,619), and 6,003rd of 11,911 in health care & social assistance. In 2024, employees put in $3.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,149,630
Participants with balances275
Active participants279
Employer contributions$173,356
Employee contributions$572,632
Employer contribution per active participant$621
Average account balance$33,271
Benefits paid to participants$489,964
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 275 accts · $173K emplr
2023$7.9M · 251 accts · $152K emplr
2022$6.7M · 242 accts · $151K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,175
Total administrative$2,175
The The Lighthouse, Inc. 401(k) match · 2024
Employer contribution per active participant$621
Median for plans this size$1,313
2024$621 per active participant
2023$574 per active participant
2022$584 per active participant

The Lighthouse, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$3,300

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$2,175 · 0.03%
2023$1,778 · 0.02%
2022$2,142 · 0.03%
All plans at this employer2
THE LIGHTHOUSE INC. 401K RETIREMENT PLAN401(k)
THE LIGHTHOUSE, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 382694908 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.