Plan Ledger DOL Form 5500 · updated monthly

Web Press of Michigan and Jams Media401(k)

WEB PRESS OF MICHIGAN AND JAMS MEDIA 401K · DAVISBURG, MI · plan year 2022

Reported admin expense ratio · 2022
1.11%

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

Web Press of Michigan and Jams Media reported $42,632 in plan administrative expenses for 2022: 1.11% of average plan assets, higher than ~90% of peers. Employer contributions averaged $315 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Michigan (2,187th of 2,619), and 1,662nd of 2,534 in administrative & support services. In 2022, employees put in $6.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,488,415
Participants with balances94
Active participants140
Employer contributions$44,166
Employee contributions$299,657
Employer contribution per active participant$315
Average account balance$37,111
Benefits paid to participants$405,209
Plan auditUnmodified (clean) audit opinion
AuditorGARDNER, PROVENZANO, THOMS & LUPLO
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,084
Investment management$38,548
Total administrative$42,632
The Web Press of Michigan and Jams Media 401(k) match · 2022
Employer contribution per active participant$315
Median for plans this size$1,114

Web Press of Michigan and Jams Media's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$42,632 · 1.11%
Similar plansAdministrative & Support Services · Michigan
Djs Lawn Service, Inc. MI$4.2M · 0.15%
Tpg Holdings, LLC MI$2.4M · 0.57%
Otterbase, Inc. MI$2.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382280652 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.