Plan Ledger DOL Form 5500 · updated monthly

U.S. Medical Management LLC401(k)

HARMONYCARES 401(K) PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

U.S. Medical Management LLC reported $360,994 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,331 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 fell from 0.86% to 0.60%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 435th-largest of 2,619 plans among Michigan employers on file, and the 1,540th of 11,911 in health care & social assistance. In 2024, employees put in $3.67 for every $1.00 the employer contributed; active participation has grown from 1,007 to 1,798 since 2022.

Plan summary
Net assets, end of year$63,379,538
Participants with balances2,869
Active participants1,798
Employer contributions$2,392,837
Employee contributions$8,777,337
Employer contribution per active participant$1,331
Average account balance$22,091
Benefits paid to participants$11,336,502
Plan auditUnmodified (clean) audit opinion
AuditorFRAIZER & DEETER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$63.4M · 2,869 accts · $2.4M emplr
2023$56.0M · 3,226 accts · $1.3M emplr
2022$26.2M · 1,747 accts · $852K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$175,157
Investment management$185,837
Total administrative$360,994
The U.S. Medical Management LLC 401(k) match · 2024
Employer contribution per active participant$1,331
Median for plans this size$3,635
2024$1,331 per active participant
2023$841 per active participant
2022$846 per active participant

U.S. Medical Management LLC's 2024 employer contribution ran below the $3,635 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$137,197
FIFTH THIRD BANK · Investment advisory (plan)$57,250

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$360,994 · 0.60%
2023$241,794 · 0.59%
2022$233,761 · 0.86%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
Scheurer Hospital MI$68.6M · 0.01%
Paragon Health, P.C. MI$62.6M · 0.20%
Arcturus Healthcare PLC MI$61.0M · 0.13%
Emergent Health Partners MI$59.4M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383153946 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.