Plan Ledger DOL Form 5500 · updated monthly

D.W. Tool, Inc.401(k)

D.W. TOOL, INC. SAVINGS PLAN · JACKSON, MO · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

D.W. Tool, Inc. reported $10,742 in plan administrative expenses for 2024: 0.34% of average plan assets, below the peer median. Employer contributions averaged $569 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 1.74% to 0.34%. 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 Missouri (1,180th of 1,393), and 12,187th of 13,661 in manufacturing. In 2024, the employer put in $2.13 for every $1.00 employees contributed themselves; active participation has grown from 110 to 131 since 2022.

Plan summary
Net assets, end of year$3,160,000
Participants with balances126
Active participants131
Employer contributions$74,513
Employee contributions$34,925
Employer contribution per active participant$569
Average account balance$25,079
Benefits paid to participants$33,020
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 126 accts · $75K emplr
2023$3.1M · 96 accts · $146K emplr
2022$2.5M · 111 accts · $143K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,051
Investment management$5,299
Trustee / custodial$392
Total administrative$10,742
The D.W. Tool, Inc. 401(k) match · 2024
Employer contribution per active participant$569
Median for plans this size$1,313
2024$569 per active participant
2023$1,259 per active participant
2022$1,298 per active participant

D.W. Tool, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 · 20242
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$5,050
BUCKINGHAM ASSET MANAGEMENT · Consulting · Investment advisory (participants)$5,299

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$10,742 · 0.34%
2023$45,086 · 1.59%
2022$42,540 · 1.74%
Similar plansManufacturing · Missouri
C K Enterprises, Inc. MO$3.5M · 0.07%
Red Monkey Foods, Inc. MO$3.4M · 0.72%
Able Composites LLC MO$3.4M · 1.78%
Fall River Holdings, LLC MO$2.9M · 0.78%
Buddeez, Inc. MO$2.8M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431149970 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.