Plan Ledger DOL Form 5500 · updated monthly

Dadco, Inc.401(k)

DADCO, INC. 401(K) PLAN · PLYMOUTH, MI · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Dadco, Inc. reported $57,919 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,968 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 rose from 0.23% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 856th-largest of 2,619 plans among Michigan employers on file, and the 4,952nd of 13,661 in manufacturing. In 2024, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,275,759
Participants with balances132
Active participants93
Employer contributions$276,006
Employee contributions$509,474
Employer contribution per active participant$2,968
Average account balance$199,059
Benefits paid to participants$324,526
Plan auditUnmodified (clean) audit opinion
AuditorMRPR GROUP, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$26.3M · 132 accts · $276K emplr
2023$21.9M · 138 accts · $261K emplr
2022$17.9M · 133 accts · $263K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,747
Investment management$40,772
Audit (IQPA)$8,400
Total administrative$57,919
The Dadco, Inc. 401(k) match · 2024
Employer contribution per active participant$2,968
Median for plans this size$2,416
2024$2,968 per active participant
2023$2,633 per active participant
2022$2,630 per active participant

Dadco, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$40,772
MRPR GROUP PC · Accounting / audit$8,400

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$57,919 · 0.24%
2023$46,403 · 0.23%
2022$46,072 · 0.23%
Similar plansManufacturing · Michigan
Stageright Corporation MI$27.6M · 0.30%
Fritz Enterprises, Inc. MI$27.6M · 0.30%
Kay Automotive Graphics MI$27.6M · 0.33%
Schuler Incorporated MI$26.1M · 0.02%
Mobex Global MI$25.7M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382950211 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.