Plan Ledger DOL Form 5500 · updated monthly

Dagenais Enterprises Management Company, Inc.Stock bonus plan

DAGENAIS ENTERPRISES MANAGEMENT COMPANY, INC. 401(K)& PROFIT SHARING PLAN · ESCANABA, MI · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Dagenais Enterprises Management Company, Inc. reported $40,665 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $1,192 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 0.27% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,180th-largest of 2,619 plans among Michigan employers on file, and the 1,763rd of 5,215 in retail trade. In 2024, employees put in $3.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,434,277
Participants with balances269
Active participants201
Employer contributions$239,538
Employee contributions$874,461
Employer contribution per active participant$1,192
Average account balance$61,094
Benefits paid to participants$2,143,367
Plan auditUnmodified (clean) audit opinion
AuditorANDERSON TACKMAN COMPANY PLC
Plan history3
Yearassets · accounts · employer contribution
2024$16.4M · 269 accts · $240K emplr
2023$15.7M · 271 accts · $351K emplr
2022$14.7M · 282 accts · $403K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,365
Investment management$31,300
Total administrative$40,665
Employer contributions to the Dagenais Enterprises Management Company, Inc. plan · 2024
Employer contribution per active participant$1,192
Median for plans this size$2,416
2024$1,192 per active participant
2023$1,664 per active participant
2022$1,974 per active participant

Dagenais Enterprises Management Company, Inc.'s 2024 employer contribution ran below the $2,416 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
KERBER ROSE WEALTH MANAGEMENT · Investment advisory (plan)$31,300
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$9,365

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$40,665 · 0.25%
2023$59,042 · 0.39%
2022$43,140 · 0.27%
Same employer
Similar plansRetail Trade · Michigan
Village Ford, Inc. MI$17.9M · 0.37%
Bill Brown Ford, Inc. MI$17.3M · 0.35%
Wallside, Inc. MI$17.2M · 0.45%
The Moran Group, Inc. MI$17.2M · 0.55%
Kool Chevrolet Inc. MI$16.3M · 0.21%
Hank Graff Chevrolet, Inc. MI$16.3M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383387316 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.