Plan Ledger DOL Form 5500 · updated monthly

Dakota Tube, Inc.401(k)

DAKOTA TUBE, INC. 401(K) PLAN · WATERTOWN, SD · plan year 2022

Reported admin expense ratio · 2022
0.17%

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

Dakota Tube, Inc. reported $2,480 in plan administrative expenses for 2022: 0.17% of average plan assets, below the peer median. Employer contributions averaged $183 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 (223rd of 233), and 13,169th of 13,661 in manufacturing. In 2022, employees put in $4.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,264,353
Participants with balances58
Active participants123
Employer contributions$22,518
Employee contributions$109,926
Employer contribution per active participant$183
Average account balance$21,799
Benefits paid to participants$224,596
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,480
Total administrative$2,480
The Dakota Tube, Inc. 401(k) match · 2022
Employer contribution per active participant$183
Median for plans this size$1,114

Dakota Tube, Inc.'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 history1
2022$2,480 · 0.17%
Same employer
Similar plansManufacturing · South Dakota
Grand Prairie Foods SD$3.6M · 1.13%
Amg Industries, LLC OH$1.3M · 0.72%
Cold Locker Storage LLC WA$1.3M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410954972 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.