Michigan Community Services Inc. 401(k) Review & Grade
Michigan Community Services Inc. 401k Profit-Sharing Plan
Swartz Creek, MIHealth Care & Social Assistance559 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$115Employer $ per active participant
$546Employee $ saved per active participant
0.22%Direct admin cost, % of plan assets
$5.6MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity8.0 / 5016th percentile for employer $ per participant
- Low cost13.0 / 2552th percentile for low admin cost vs. same-size plans
- Employee saving1.8 / 1512th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score23 / 100 · Grade F
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 16th |
| Lower admin cost | 52th |
| Employee saving | 12th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Corrective distributions: the plan refunded $958 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Michigan Community Services put in about $115 per active participant, below the typical peer ($976). 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- 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 | $64,484 |
| Participant (employee) contributions | $305,225 |
| Other contributions (incl. rollovers in) | $0 |
| Administrative expenses paid from the plan | $11,786 |
| Contract administrator fees | $786 |
| Benefits paid out | $805,934 |
| Net assets, start / end of year | $5.3M / $5.6M |
| Active participants, start / end of year | 557 / 561 |
| Participants with account balances | 162 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Robert F Murray & Company Cpas P.C. |
Largest service providers (Schedule C)
| American United Life Insurance Co | $38,034 reported compensation |
| Robert F Murray & Company Cpas P.C. | $11,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009101236NAL0006422609001, received 2025-10-09, EIN 38-2443447, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.