Plan Ledger DOL Form 5500 · updated monthly

Towerpinkster401(k)

TOWERPINKSTER 401(K) PLAN · KALAMAZOO, MI · plan year 2025

Reported admin expense ratio · 2025
0.32%

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

Towerpinkster reported $172,214 in plan administrative expenses for 2025: 0.32% of average plan assets, higher than ~90% of peers. Employer contributions averaged $12,438 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 3 years on file its reported administrative ratio fell from 0.38% to 0.32%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other professional & technical services employers. By assets it is the 455th-largest of 2,619 plans among Michigan employers on file, and the 2,377th of 11,654 in professional & technical services. In 2025, the employer put in $1.14 for every $1.00 employees contributed themselves; active participation has grown from 177 to 237 since 2022.

Plan summary
Net assets, end of year$60,079,585
Participants with balances286
Active participants237
Employer contributions$2,947,873
Employee contributions$2,592,557
Employer contribution per active participant$12,438
Average account balance$210,068
Benefits paid to participants$841,767
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$60.1M · 286 accts · $2.9M emplr
2024$46.6M · 256 accts · $3.4M emplr
2023$38.0M · 243 accts · $1.9M emplr
2022$29.8M · 232 accts · $1.8M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$2,548
Investment management$169,666
Total administrative$172,214
The Towerpinkster 401(k) match · 2025
Employer contribution per active participant$12,438
Median for plans this size$4,093
2025$12,438 per active participant
2024$15,463 per active participant
2023$9,496 per active participant
2022$10,115 per active participant

Towerpinkster's 2025 employer contribution ran above the $4,093 median for plans its size, placing it in the top 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2025$172,214 · 0.32%
2024$142,977 · 0.34%
2023$111,268 · 0.33%
2022$125,492 · 0.38%
Same employer
Similar plansProfessional & Technical Services · Michigan
Routeone, L.L.C. MI$63.5M · 0.03%
Service Express, LLC MI$61.7M · 0.44%
Vector North America, Inc. MI$60.6M · 0.02%
Prein & Newhof MI$59.8M · 0.16%
Pma Consultants LLC MI$59.7M · 0.11%
Marketing Associates, LLC MI$58.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381430271 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.