Plan Ledger DOL Form 5500 · updated monthly

Western Wayne Family Health Center403(b)

WESTERN WAYNE FAMILY HEALTH CENTER 403B PLAN · INKSTER, MI · plan year 2022

Reported admin expense ratio · 2022
0.04%

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

Western Wayne Family Health Center reported $618 in plan administrative expenses for 2022: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $540 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 health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (2,406th of 2,619), and 10,288th of 11,911 in health care & social assistance. In 2022, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,712,620
Participants with balances56
Active participants204
Employer contributions$110,149
Employee contributions$252,193
Employer contribution per active participant$540
Average account balance$30,583
Benefits paid to participants$42,208
Plan auditUnmodified (clean) audit opinion
AuditorQUAST JANKE AND COMPANY CPAS PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$618
Total administrative$618
Employer contributions to the Western Wayne Family Health Center plan · 2022
Employer contribution per active participant$540
Median for plans this size$1,114

Western Wayne Family Health Center'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$618 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
All Well-Being Services MI$1.8M · 0.06%
The Healing Haven, LLC MI$1.8M · 1.28%
Family Outreach Center MI$1.7M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300281587 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.