Ross Education Holdings, Inc. 401(k) Review & Grade
Ross Education Holdings, Inc. Profit Sharing & 401(k) Plan
Clinton TWP, MIEducational Services562 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,823Employer $ per active participant
$1,614Employee $ saved per active participant
0.21%Direct admin cost, % of plan assets
$13.7MNet plan assets, end of year
$18,483Average balance per account
Score breakdown
- Employer generosity35.0 / 5070th percentile for employer $ per participant
- Low cost13.1 / 2553th percentile for low admin cost vs. same-size plans
- Employee saving3.4 / 1522th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score62 / 100 · Grade B
This plan vs. peers
Peers: Educational Services plans with 500–2,499 active participants (144 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 70th |
| Lower admin cost | 53th |
| Employee saving | 22th |
| Peers that auto-enroll | 37% |
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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
- Ross Education Holdings put in about $1,823 per active participant, more than the typical peer ($1,225). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $1,024,473 |
| Participant (employee) contributions | $907,145 |
| Other contributions (incl. rollovers in) | $24,069 |
| Administrative expenses paid from the plan | $28,192 |
| Benefits paid out | $2,817,762 |
| Net assets, start / end of year | $13.1M / $13.7M |
| Active participants, start / end of year | 560 / 564 |
| Participants with account balances | 740 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Sikich CPA LLC |
Largest service providers (Schedule C)
| Adp, Inc. | $28,192 reported compensation |
| Adp Broker-Dealer | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250903092140NAL0025687520001, received 2025-09-03, EIN 86-1846791, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.