Plan Ledger DOL Form 5500 · updated monthly

Trott Law, P.C.401(k)

TROTT LAW, P.C. PROFIT SHARING PLAN AND TRUST · FARMINGTON HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Trott Law, P.C. reported $56,926 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $631 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 has held roughly steady near 0.347%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,134th-largest of 2,619 plans among Michigan employers on file, and 6,033rd of 11,654 in professional & technical services. In 2024, employees put in $7.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,427,273
Participants with balances167
Active participants142
Employer contributions$89,586
Employee contributions$715,526
Employer contribution per active participant$631
Average account balance$104,355
Benefits paid to participants$886,657
Plan auditUnmodified (clean) audit opinion
AuditorPLANTE MORAN, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.4M · 167 accts · $90K emplr
2023$15.4M · 151 accts · $88K emplr
2022$13.6M · 157 accts · $80K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,736
Investment management$36,190
Total administrative$56,926
The Trott Law, P.C. 401(k) match · 2024
Employer contribution per active participant$631
Median for plans this size$2,416
2024$631 per active participant
2023$679 per active participant
2022$607 per active participant

Trott Law, P.C.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
GREGORY J SCHWARTZ & CO INC · Investment advisory (plan)$36,191
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$20,736

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$56,926 · 0.35%
2023$48,746 · 0.34%
2022$55,642 · 0.35%
Same employer
Similar plansProfessional & Technical Services · Michigan
Soar Technology Inc MI$19.0M · 0.38%
Opus Ivs, Inc. MI$18.6M · 0.29%
Bb&E, Inc. MI$18.2M · 0.27%
Lintech Global Inc. MI$17.8M · 0.37%
Gfl Environmental USA Inc. MI$17.2M · 0.12%
Zausmer, P.C. MI$17.2M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382482861 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.