American House Management Company, LLC 401(k) Review & Grade
American House 401(k) Plan
Southfield, MIReal Estate & Rental2,344 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$89Employer $ per active participant
$470Employee $ saved per active participant
0.60%Direct admin cost, % of plan assets
$8.5MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity2.6 / 505th percentile for employer $ per participant
- Low cost4.4 / 2518th percentile for low admin cost vs. same-size plans
- Employee saving0.3 / 152th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score7 / 100 · Grade F
This plan vs. peers
Peers: Real Estate & Rental plans with 500–2,499 active participants (291 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 5th |
| Lower admin cost | 18th |
| Employee saving | 2th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- American House Management Company put in about $89 per active participant, below the typical peer ($1,279). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.60% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $207,802 |
| Participant (employee) contributions | $1,100,749 |
| Other contributions (incl. rollovers in) | $217,192 |
| Administrative expenses paid from the plan | $48,129 |
| Investment advisory & management fees | $15,171 |
| Benefits paid out | $1,543,727 |
| Net assets, start / end of year | $7.5M / $8.5M |
| Active participants, start / end of year | 1,961 / 2,726 |
| Participants with account balances | 398 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Plante & Moran, PLLC |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $52,275 reported compensation |
| Institutional Investment Consulting | $12,721 reported compensation |
| Empower Advisory Group, LLC | $2,450 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010111627NAL0018352274001, received 2025-10-10, EIN 26-1852749, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.