Plan Ledger DOL Form 5500 · updated monthly

Tri-County Council for Child Development, Inc.401(k)

TRI-COUNTY COUNCIL FOR CHILD DEVELOPMENT, INC. EMPLOYEES' RETIREMENT PLAN · PAW PAW, MI · plan year 2024

Reported admin expense ratio · 2024
1.01%

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

Tri-County Council for Child Development, Inc. reported $61,261 in plan administrative expenses for 2024: 1.01% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,665 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 0.91% to 1.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Michigan (1,849th of 2,619), and 2,085th of 3,341 in other services. In 2024, the employer put in $1.71 for every $1.00 employees contributed themselves; active participation has grown from 171 to 190 since 2022.

Plan summary
Net assets, end of year$6,475,408
Participants with balances204
Active participants190
Employer contributions$316,376
Employee contributions$185,345
Employer contribution per active participant$1,665
Average account balance$31,742
Benefits paid to participants$474,451
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 204 accts · $316K emplr
2023$5.7M · 186 accts · $462K emplr
2022$5.2M · 186 accts · $626K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,261
Total administrative$61,261
The Tri-County Council for Child Development, Inc. 401(k) match · 2024
Employer contribution per active participant$1,665
Median for plans this size$1,313
2024$1,665 per active participant
2023$2,446 per active participant
2022$3,661 per active participant

Tri-County Council for Child Development, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
JOHN HANCOCK LIFE INSURANCE CO USA · Recordkeeping · Investment management$1,150
MERCER GLOBAL ADVISORS INC · Investment advisory (participants)$29,921

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$61,261 · 1.01%
2023$49,484 · 0.90%
2022$47,302 · 0.91%
Same employer
Similar plansOther Services · Michigan
Knight Watch, Inc. MI$7.0M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381992598 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.