Plan Ledger DOL Form 5500 · updated monthly

The Macomb Group, Inc.401(k)

THE MACOMB GROUP, INC. EMPLOYEES' 401(K) PLAN · STERLING HEIGHTS, MI · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

The Macomb Group, Inc. reported $148,565 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1,363 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 0.28% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 500th-largest of 2,619 plans among Michigan employers on file, and the 784th of 4,246 in wholesale trade. In 2024, employees put in $4.16 for every $1.00 the employer contributed; active participation has grown from 394 to 635 since 2022.

Plan summary
Net assets, end of year$52,135,226
Participants with balances635
Active participants635
Employer contributions$865,577
Employee contributions$3,602,013
Employer contribution per active participant$1,363
Average account balance$82,103
Benefits paid to participants$4,600,553
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$52.1M · 635 accts · $866K emplr
2023$45.3M · 518 accts · $718K emplr
2022$28.4M · 441 accts · $582K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,882
Investment management$83,312
Audit (IQPA)$5,371
Total administrative$148,565
The The Macomb Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,363
Median for plans this size$2,416
2024$1,363 per active participant
2023$1,502 per active participant
2022$1,477 per active participant

The Macomb Group, Inc.'s 2024 employer contribution ran below 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 · 20243
STIFEL NICOLAUS & CO INC · Investment advisory (plan)$83,312
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$59,932
UHY ADVISORS GREAT LAKES, INC · Accounting / audit$5,371

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$148,565 · 0.31%
2023$95,716 · 0.26%
2022$82,822 · 0.28%
Same employer
Similar plansWholesale Trade · Michigan
Brembo North America, Inc. MI$63.0M · 0.23%
Ford Component Sales, LLC MI$52.0M · 0.04%
Atonne Group LLC MI$51.9M · 0.38%
Madison Electric Company MI$46.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382156104 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.