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Benchmarking J.D. Power 401(K) Plan in Troy, MI against
bad (3)
J.D. Power 401(K) Plan in Troy, MI has the 8th-highest total administrative expense per participant ($148.01) of the 33 plans in the Great Lakes area whose economic sector is Professional, Scientific, and Technical Services and have 1,000 to 4,999 total participants. That $148.01 compares to a median of $102.05 across those 33 plans.
Reaching the median of $102.05 would imply a decrease of $55,060 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
J.D. Power 401(K) Plan has these standings among those 33 peer plans:
Reaching the median of $102.05 would imply a decrease of $55,060 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
J.D. Power 401(K) Plan has these standings among those 33 peer plans:
- total administrative expense per participant = $148.01 (8th-highest)
- total administrative expenses = $177,315 (16th-lowest)
- total participants = 1,198 (5th-fewest)
- investment advisory and management fees = $0
- recordkeeping fees = $0
- contract administrator fees = $0
- IQPA audit fees = $0
- bank or trust company trustee/custodial fees = $0
- plan salaries and allowances = $0
- legal fees = $0
- other trustee fees and expenses = $0
- actuarial fees = $0
- valuation/appraisal fees = $0
- other administrative expenses = $177,315
better than Smithbucklin Employee Retirement Plan in Chicago, IL ($255.69), Ssoe, Inc. Profit Sharing and Savings Plan and Trust in Toledo, OH ($217.03), Ahead, Inc. 401(K) Plan in Chicago, IL ($207.81), and Exp U.S. Services, Inc. Saving and Retirement Plan in Chicago, IL ($203.98), and 3 others, ending with Park Place Technologies 401(K) Profit Sharing Plan in Mayfield Heights, OH ($152.49).
exceeded Entrust Solutions Group Retirement Savings Plan in Warrenville, IL ($134.34), Stout Risius Ross, LLC 401(K) Profit Sharing Plan in Royal Oak, MI ($133.76), Johnson Outdoors Retirement and Savings Plan in Racine, WI ($131.32), and NSF International 401(K) Plan in Ann Arbor, MI ($129.10), and 21 others, ending with Thoughtworks, Inc 401(K) Plan in Chicago, IL (-$37.90).
exceeded Entrust Solutions Group Retirement Savings Plan in Warrenville, IL ($134.34), Stout Risius Ross, LLC 401(K) Profit Sharing Plan in Royal Oak, MI ($133.76), Johnson Outdoors Retirement and Savings Plan in Racine, WI ($131.32), and NSF International 401(K) Plan in Ann Arbor, MI ($129.10), and 21 others, ending with Thoughtworks, Inc 401(K) Plan in Chicago, IL (-$37.90).
- whose economic sector is. The economic sector is the first two digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. Except where noted, all data come from the 25-September-2025 updates to the year-2023 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- in region. The 9 regions with their corresponding states or other geographic entities are: New England (CT ME MA NH RI VT), Mid Atlantic (DE DC MD NJ NY PA), Great Lakes (IL IN MI OH WI), Plains (IA KS MN MO NE ND SD), Southeast (AL AR FL GA KY LA MS NC SC TN VA WV), Southwest (AZ NM OK TX), Rocky Mountains (CO ID MT UT WY), Far West (AK CA HI NV OR WA), and Outlying Areas (VI PR GU AS MP). Except where noted, all data come from the 25-September-2025 updates to the year-2023 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- total administrative expense per participant. Lower values are better. Total administrative expense per participant is a ratio that equals total administrative expenses (Line 2i(5), Schedule H) divided by total participants, i.e. the sum of active, retired, separated participants who are still living, and deceased participants whose beneficiaries receive or are entitled to benefits (Line 6f of Form 5500). To qualify for total administrative expense per participant, the the value of 'total assets' must be at least $50,000. Except where noted, all data come from the 25-September-2025 updates to the year-2023 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- total participants bracket. We partitioned total participants into eight brackets: 0-9, 10-24, 25-49, 50-99, 100-499, 500-999, 1000-4999, 5000-24999, and 25000 or more. Except where noted, all data come from the 25-September-2025 updates to the year-2023 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
J.D. Power 401(K) Plan in Troy, MI is in the Great Lakes area, its EIN is 952572471, its industry group is Other Professional, Scientific, and Technical Services, its plan administrator is Kendra Glaser, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, provides for automatic enrollment, provides participant-directed brokerage accounts as investment options, is a single-employer plan, plan year began in q1, its business code is 541910, has 1,000 to 4,999 total participants, and is better than the overall participant averages in each of net income per total participant, average account balance, and active-participant contributions per head.
Global References
Numeric values:
- total assets ($206,636,178)
- net assets (assets minus liabilities) ($206.60M)
- value of interest in registered investment companies (e.g., mutual funds) ($197.00M)
- total assets at beginning of plan year ($173,016,556)
- total income ($44,932,166)
- net income ($33,619,622)
- earnings on investments ($29,161,943)
- net earnings on investments ($29,161,943)
- total contributions ($15,267,034)
- total expenses ($11,312,544)
- cash contributions from participants ($10,976,708)
- value of interest in common/collective trusts ($4,640,733)
- other general investments ($3,808,777)
- cash contributions from employers ($3,360,252)
- participant loans ($1,227,857)
- other administrative expenses ($177,315)
- total administrative expenses ($177,315)
- average account balance ($172,484)
- net income per total participant ($28,063)
- average employer+participant cash contribution per active participant ($16,145)
- average participant cash contribution per active participant ($12,361)
- average employer cash contribution per active participant ($3,784)
- corrective distributions ($738)
- total administrative expense per participant ($148.01)
- total noninterest-bearing cash ($0)
- receivables employer contributions ($0)
- receivables participant contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of funds held in insurance company general account (unallocated contracts) ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- plan salaries and allowances ($0)
- contract administrator fees ($0)
- recordkeeping fees ($0)
- IQPA audit fees ($0)
- investment advisory and management fees ($0)
- bank or trust company trustee/custodial fees ($0)
- actuarial fees ($0)
- legal fees ($0)
- valuation/appraisal fees ($0)
- other trustee fees and expenses ($0)
- asset transfers to the plan ($0)
- asset transfers from the plan ($0)
- amount of loss caused by fraud or dishonesty ($0)
- percentage of active participants (74.1%)
- growth in total assets during the plan year (19.4%)
- yield on beginning-of-plan-year total assets (16.86%)
- diversity of asset types (7.4%)
- participant loans as a percentage of plan assets (0.59%)
- total administrative expense ratio (0.086%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (888)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (1,198)
- other retired or separated participants entitled to future benefits (308)
- retired or separated participants receiving benefits (2)
- total participants (1,198)
Global References