Plan Ledger DOL Form 5500 · updated monthly

Wolverine Human ServicesDC plan

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF WOLVERINE HUMAN SERVICES · VASSAR, MI · plan year 2022

Reported admin expense ratio · 2022
0.05%

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

Wolverine Human Services reported $1,163 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,266 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 1 year on file its reported administrative ratio rose from 0.05% to 0.09%. 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 (2,340th of 2,619), and 9,889th of 11,911 in health care & social assistance. In 2022, the employer put in $1.34 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,179,581
Participants with balances172
Active participants103
Employer contributions$130,349
Employee contributions$97,298
Employer contribution per active participant$1,266
Average account balance$12,672
Benefits paid to participants$237,263
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.2M · 148 accts · $2K emplr
2023$1.5M · 143 accts
2022$2.2M · 172 accts · $130K emplr
Employer contributions to the Wolverine Human Services plan · 2022
Employer contribution per active participant$1,266
Median for plans this size$1,114
2024$12 per active participant
2022$1,266 per active participant

Wolverine Human Services's 2022 employer contribution ran above the $1,114 median for plans its size. 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.

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024Not separately reported
2023$1,631 · 0.09%
2022$1,163 · 0.05%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
Highfields, Inc. MI$2.3M · 0.62%
Focus Hope MI$2.2M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382675330 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.