Plan Ledger DOL Form 5500 · updated monthly

Vista Maria, a Michigan Nonprofit Corporation403(b)

VISTA MARIA 403(B) RETIREMENT PLAN · DEARBORN HEIGHTS, 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

Vista Maria, a Michigan Nonprofit Corporation reported $11,872 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $131 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 0.11% to 0.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (2,189th of 2,619), and 8,926th of 11,911 in health care & social assistance. In 2024, employees put in $10.67 for every $1.00 the employer contributed; active participation has grown from 296 to 380 since 2022.

Plan summary
Net assets, end of year$3,481,284
Participants with balances183
Active participants380
Employer contributions$49,766
Employee contributions$531,248
Employer contribution per active participant$131
Average account balance$19,023
Benefits paid to participants$654,537
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 183 accts · $50K emplr
2023$3.2M · 198 accts
2022$3.0M · 187 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,372
Investment management$2,500
Total administrative$11,872
Employer contributions to the Vista Maria, a Michigan Nonprofit Corporation plan · 2024
Employer contribution per active participant$131
Median for plans this size$1,313

Vista Maria, a Michigan Nonprofit Corporation's 2024 employer contribution ran below the $1,313 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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Participant communication$1,404
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$7,969
WILSHIRE ADVISORS LLC · 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$11,872 · 0.35%
2023$4,190 · 0.14%
2022$3,400 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
Eightcap, Inc. MI$3.5M · 0.34%
Community Care Services MI$3.4M · 0.25%
Fenton Healthcare, LLC MI$3.3M · 1.17%
Oakland Family Services MI$3.3M · 0.98%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 381359262 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.