Plan Ledger DOL Form 5500 · updated monthly

D & F Equipment Sales, Inc.401(k)

D & F EQUIPMENT SALES, INC. 401(K) PLAN · CROSSVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.23%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

D & F Equipment Sales, Inc. reported $17,137 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $1,105 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.26% to 0.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Alabama (527th of 902), and 9,792nd of 13,661 in manufacturing. In 2024, employees put in $2.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,746,456
Participants with balances193
Active participants233
Employer contributions$257,407
Employee contributions$595,099
Employer contribution per active participant$1,105
Average account balance$40,137
Benefits paid to participants$823,810
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 193 accts · $257K emplr
2023$6.9M · 198 accts · $249K emplr
2022$6.0M · 176 accts · $235K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,137
Total administrative$17,137
The D & F Equipment Sales, Inc. 401(k) match · 2024
Employer contribution per active participant$1,105
Median for plans this size$1,313
2024$1,105 per active participant
2023$938 per active participant
2022$1,034 per active participant

D & F Equipment Sales, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$13,365
ASCENSUS · Contract administrator · Other services$3,771
EDWARD JONES · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$17,137 · 0.23%
2023$18,406 · 0.28%
2022$16,465 · 0.26%
Same employer
Similar plansManufacturing · Alabama
Sunshine Homes, Inc. AL$7.9M · 0.53%
Spoc Automation, Inc. AL$7.9M · 0.02%
Kth Leesburg Products LLC AL$7.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630956780 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.