Plan Ledger DOL Form 5500 · updated monthly

D&N Bending Corp.401(k)

D & N BENDING CORP 401(K) PROFIT SHARING PLAN & TRUST · ROMEO, MI · plan year 2022

Reported admin expense ratio · 2022
0.11%

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

D&N Bending Corp. reported $3,334 in plan administrative expenses for 2022: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $633 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (2,264th of 2,619), and 12,338th of 13,661 in manufacturing. In 2022, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,897,485
Participants with balances37
Active participants108
Employer contributions$68,394
Employee contributions$145,312
Employer contribution per active participant$633
Average account balance$78,310
Benefits paid to participants$20,209
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Administrative expenses, itemized · 2022
Professional / advisory$3,334
Total administrative$3,334
The D&N Bending Corp. 401(k) match · 2022
Employer contribution per active participant$633
Median for plans this size$1,114

D&N Bending Corp.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,334 · 0.11%
Same employer
Similar plansManufacturing · Michigan
W International MI$3.0M · 0.71%
The F.P. Horak Company MI$2.9M · 0.29%
J-Star Motion Corporation MI$2.9M · 0.49%
Honeytree Inc MI$2.8M · 0.34%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 382298540 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.