Plan Ledger DOL Form 5500 · updated monthly

Total Fire Protection, Inc.401(k)

TOTAL FIRE PROTECTION, INC. 401(K) RETIREMENT PLAN · GRAND RAPIDS, MI · plan year 2024

Employer contribution per participant · 2024
$1,777

Total Fire Protection, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $17,471,251 across 602 participant accounts, with employer contributions averaging $1,777 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio fell from 0.65% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,133rd-largest of 2,619 plans among Michigan employers on file, and the 2,229th of 5,337 in construction. In 2024, employees put in $2.19 for every $1.00 the employer contributed; active participation has grown from 239 to 533 since 2022.

Plan summary
Net assets, end of year$17,471,251
Participants with balances602
Active participants533
Employer contributions$947,204
Employee contributions$2,073,069
Employer contribution per active participant$1,777
Average account balance$29,022
Benefits paid to participants$639,600
Plan auditUnmodified (clean) audit opinion
AuditorMANER COSTERISAN,P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$17.5M · 602 accts · $947K emplr
2023$12.8M · 518 accts · $699K emplr
2022$9.2M · 488 accts · $621K emplr
The Total Fire Protection, Inc. 401(k) match · 2024
Employer contribution per active participant$1,777
Median for plans this size$2,416
2024$1,777 per active participant
2023$1,510 per active participant
2022$2,600 per active participant

Total Fire Protection, 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.

Service providers · 20241

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

Administrative cost history3
2024Not separately reported
2023$44,595 · 0.41%
2022$52,625 · 0.65%
Same employer
Similar plansConstruction · Michigan
Wieland Corporation MI$19.7M · 0.35%
Mersino Dewatering, LLC MI$16.6M · 0.57%
Allied Electric, Inc. MI$15.9M · 0.49%
Fessler & Bowman, Inc. MI$15.8M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382998963 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.