Plan Ledger DOL Form 5500 · updated monthly

US Signal Company401(k)

US SIGNAL COMPANY 401(K) PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

US Signal Company reported $57,950 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,608 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 0.03% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 800th-largest of 2,619 plans among Michigan employers on file, and the 798th of 2,199 in information & media. In 2024, employees put in $3.11 for every $1.00 the employer contributed; active participation has grown from 178 to 439 since 2022.

Plan summary
Net assets, end of year$29,296,580
Participants with balances395
Active participants439
Employer contributions$706,041
Employee contributions$2,194,065
Employer contribution per active participant$1,608
Average account balance$74,169
Benefits paid to participants$2,181,077
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.3M · 395 accts · $706K emplr
2023$15.5M · 202 accts · $403K emplr
2022$14.0M · 198 accts · $38K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,950
Total administrative$57,950
The US Signal Company 401(k) match · 2024
Employer contribution per active participant$1,608
Median for plans this size$2,416
2024$1,608 per active participant
2023$2,003 per active participant
2022$216 per active participant

US Signal Company'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.

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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$57,950
NORTHWESTERN MUTUAL WEALTH MGMT · Investment advisory (plan)indirect comp

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$57,950 · 0.26%
2023$47,519 · 0.32%
2022$3,743 · 0.03%
Same employer
Similar plansInformation & Media · Michigan
SECURE-24, LLC MI$43.6M · 0.01%
Liquid Web LLC MI$36.6M · 0.51%
IT Group, LLC MI$29.1M · 0.41%
Baker Book House Company MI$21.9M · 0.03%
Open Dealer Exchange LLC MI$20.8M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383554183 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.