401(k) Monitor

Michigan 401(k) plans with 100 to 499 participants

16 large 401(k) plans sponsored from Michigan reported 100 to 499 participants on their latest Form 5500 and have a page here. All of them are listed here, ranked by active participants.

Active participants means people still building up a balance, which is the count Form 5500 reports separately from total participants. Every row links to its own page, where the figures below come with the filing they were read from. The site reads every large filing in the DOL data and publishes a page for a part of it.

The plans

Ranked by active participants, the same order the site publishes plan pages in. Assets are Schedule H total assets at end of plan year, in USD. Cost per participant is plan-paid administrative expense, and a filing that itemized none says so instead of showing a zero.
#PlanCityActiveAssetsCost / participant
1Target Steel Inc., 401(k) PlanTarget Steel, Inc.Flat Rock349$10.7M$203.16
2Progressive Ae Flexible Compensation PlanProgressive Ae, Inc.Grand Rapids344$63.7M$458.92
3Jack Demmer Ford, Inc. 401(k) PlanJack Demmer Ford, Inc.Wayne208$24.1M$77.40
4Progressive Surface, Inc. Retirement Savings PlanProgressive Surface, Inc.Grand Rapids205$39.5M$133.74
5Alliance Franchise Brands LLC Employees Savings And Retirement PlanAlliance Franchise Brands LLCPlymouth186$23.0M$17.47
6Thornton & Grooms Retirement PlanBergstrom Operating Company, Inc.Farmington Hills183$6.1M$89.59
7Village Ford, Inc. 401(k) Savings PlanVillage Ford, Inc.Dearborn179$15.5M$273.14
8Varsity Ford 401(k) PlanStanford Brothers, Inc. Dba Varsity FordAnn Arbor175$26.9M$135.01
9Crest Automotive Group Employees' Profit Sharing 401(k)Eastview, Inc. Dba Crest Ford Flatrock, Inc.Center Line175$18.9M$488.99
10Pat Milliken Ford, Inc. PlanPat Milliken Ford, Inc.Redford174$21.9M$24.59
11Ford Field Management 401(k) PlanFord Field Management LLCDetroit170$20.1M$341.31
12Treetops Resort 401(k) PlanTreetops Acquisition Company, LLCGaylord161$847,241$117.42
13Borgman Ford Sales, Inc. Employees' Profit Sharing And 401(k) PlanBorgman Ford Sales, Inc.Grandville128$11.5M$348.50
14Ford Component Sales, LLC Employee Savings PlanFord Component Sales, LLCDearborn116$52.0M$143.80
15All State Fastener 401(k) & Profit Sharing Plan & TrustAll State Fastener CorporationRoseville114$9.2M$344.96
16Bill Brown Ford, Inc. 401 (K) PlanBill Brown Ford, Inc.Livonia1$4.7M$135.90

Other plan sizes in Michigan

Fees per participant fall as plans get bigger, so the useful comparison is inside a size band rather than across them.

500 to 999 participants (2)1,000 to 4,999 participants (2)5,000 or more participants (57)

Back to Michigan

Michigan 401(k) plans has the median plan-paid fee against the national one, the largest plans, and the other size bands. The whole directory starts at states.