Plan Ledger DOL Form 5500 · updated monthly

Western Michigan University Homer Stryker M.D. School of Medicine403(b)

WESTERN MICHIGAN UNIVERSITY HOMER STRYKER M.D. SCHOOL OF MEDICINE 403(B) PLAN · KALAMAZOO, MI · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Western Michigan University Homer Stryker M.D. School of Medicine reported $49,539 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $247 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 0.00% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 522nd-largest of 2,619 plans among Michigan employers on file, and the 922nd of 3,091 in educational services. In 2024, employees put in $25.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$49,399,523
Participants with balances581
Active participants488
Employer contributions$120,343
Employee contributions$3,030,546
Employer contribution per active participant$247
Average account balance$85,025
Benefits paid to participants$8,035,092
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$49.4M · 581 accts · $120K emplr
2023$47.6M · 571 accts · $122K emplr
2022$38.3M · 548 accts · $120K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$289
Investment management$39,500
Total administrative$49,539
Employer contributions to the Western Michigan University Homer Stryker M.D. School of Medicine plan · 2024
Employer contribution per active participant$247
Median for plans this size$2,416
2024$247 per active participant
2023$261 per active participant
2022$260 per active participant

Western Michigan University Homer Stryker M.D. School of Medicine's 2024 employer contribution ran below the $2,416 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 · 20242
CAPFINANCIAL PARTNERS, LLC · Consulting · Investment advisory (plan)$39,500

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

Recordkeeper by year2
2024GREENLEAF TRUST
2023GREENLEAF TRUST

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

Administrative cost history3
2024$49,539 · 0.10%
2023$219 · 0.00%
2022$219 · 0.00%
All plans at this employer2
WMU HOMER STRYKER M.D. SCHOOL OF MEDICINE EMPLOYEES' RETIREMENT PLANProfit-sharing plan
WESTERN MICHIGAN UNIVERSITY HOMER STRYKER M.D. SCHOOL OF MEDICINE 403(B) PLAN403(b)
Same employer
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Spring Arbor University MI$60.8M · 0.23%
University Liggett School MI$50.2M · 0.06%
The Romine Group MI$39.4M · 0.09%
Aeg Holding Company Inc MI$38.6M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454135256 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.