Plan Ledger DOL Form 5500 · updated monthly

The Moran Group, Inc.401(k)

THE MORAN GROUP, INC. 401(K) RETIREMENT PLAN · FORT GRATIOT, MI · plan year 2024

Reported admin expense ratio · 2024
0.55%

The Moran Group, Inc. reported $91,078 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. 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 0.80% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,147th-largest of 2,619 plans among Michigan employers on file, and the 1,698th of 5,215 in retail trade.

Plan summary
Net assets, end of year$17,208,671
Participants with balances212
Active participants354
Employer contributions—
Employee contributions$2,008,047
Employer contribution per active participant—
Average account balance$81,173
Benefits paid to participants$2,451,259
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.2M · 212 accts
2023$15.9M · 211 accts
2022$13.4M · 199 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,038
Investment management$54,040
Total administrative$91,078
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 · 20244
SAGEVIEW ADVISORY GROUP LLC · Recordkeeping · Pension consulting$43,040
ADP, INC. · Loan processing · Recordkeeping$37,037
ANDREWS HOOPER PAVLIK PLC · Recordkeeping · Pension consulting$11,000
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, ANDREWS HOOPER PAVLIK PLC, SAGEVIEW ADVISORY GROUP LLC
2023ADP, SAGEVIEW ADVISORY GROUP LLC

This plan has changed recordkeepers within these filings. If you left The Moran Group, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$91,078 · 0.55%
2023$67,135 · 0.46%
2022$122,997 · 0.80%
Similar plansRetail Trade · Michigan
Village Ford, Inc. MI$17.9M · 0.37%
Bill Brown Ford, Inc. MI$17.3M · 0.35%
Wallside, Inc. MI$17.2M · 0.45%
Kool Chevrolet Inc. MI$16.3M · 0.21%
Hank Graff Chevrolet, Inc. MI$16.3M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200069179 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.