Plan Ledger DOL Form 5500 · updated monthly

Dakota Bodies, LLC401(k)

DAKOTA BODIES, LLC 401 (K) PROFIT SHARING PLAN AND TRUST · WATERTOWN, SD · plan year 2022

Reported admin expense ratio · 2022
0.86%

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

Dakota Bodies, LLC reported $41,242 in plan administrative expenses for 2022: 0.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 South Dakota (197th of 233), and 11,651st of 13,661 in manufacturing.

Plan summary
Net assets, end of year$4,180,998
Participants with balances258
Active participants258
Employer contributions$0
Employee contributions$0
Employer contribution per active participant$0
Average account balance$16,205
Benefits paid to participants$339,752
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$4.2M · 258 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$41,242
Total administrative$41,242
The Dakota Bodies, LLC 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Dakota Bodies, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$41,242 · 0.86%
Similar plansManufacturing · South Dakota
Grand Prairie Foods SD$3.6M · 1.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464224094 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.