Plan Ledger DOL Form 5500 · updated monthly

Daar Engineering, Inc.401(k)

DAAR ENGINEERING, INC. 401(K) PROFIT SHARING PLAN & TRUST · MILWAUKEE, WI · plan year 2022

Reported admin expense ratio · 2022
0.46%

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

Daar Engineering, Inc. reported $52,362 in plan administrative expenses for 2022: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,519 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Wisconsin (1,245th of 1,936), and 2,985th of 5,337 in construction. In 2022, employees put in $3.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,703,308
Participants with balances90
Active participants78
Employer contributions$196,504
Employee contributions$620,639
Employer contribution per active participant$2,519
Average account balance$118,926
Benefits paid to participants$326,822
Plan auditUnmodified (clean) audit opinion
AuditorRITZ HOLMAN LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$52,362
Total administrative$52,362
The Daar Engineering, Inc. 401(k) match · 2022
Employer contribution per active participant$2,519
Median for plans this size$2,266

Daar Engineering, Inc.'s 2022 employer contribution ran above the $2,266 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$52,362 · 0.46%
Similar plansConstruction · Wisconsin
Allan Gerke & Sons, Inc. WI$11.5M · 0.62%
Neumann Developments, Inc. WI$11.4M · 0.71%
Push, Inc. WI$11.1M · 0.45%
River Holding Company WI$10.2M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 392031716 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.