Plan Ledger DOL Form 5500 · updated monthly

Walkerhealthcareit, LLC401(k)

WALKERHEALTHCAREIT, LLC · BLOOMFIELD HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
1.34%

Walkerhealthcareit, LLC reported $10,813 in plan administrative expenses for 2024: 1.34% of average plan assets, above the peer median. 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 0.18% to 1.34%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (2,495th of 2,619), and 11,288th of 11,654 in professional & technical services. active participation has grown from 102 to 152 since 2022.

Plan summary
Net assets, end of year$885,537
Participants with balances59
Active participants152
Employer contributions—
Employee contributions$311,508
Employer contribution per active participant—
Average account balance$15,009
Benefits paid to participants$223,902
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$886K · 59 accts
2023$731K · 146 accts
2022$423K · 142 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,473
Total administrative$10,813
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
ADP, INC. · Loan processing · Recordkeeping$7,472
ADP BROKER-DEALER · Other servicesindirect comp
LPL FINANCIAL · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$10,813 · 1.34%
2023$1,420 · 0.25%
2022$620 · 0.18%
Similar plansProfessional & Technical Services · Michigan
L5 Fitness Holdings LLC MI$1.4M · 2.57%
Moceri Management Co. MI$1.4M · 2.43%
Impact Business Group MI$946K · 1.26%
Beyond Basics MI$861K · 1.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261801967 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.