Plan Ledger DOL Form 5500 · updated monthly

Dalsin Industries, Inc.401(k)

DALSIN INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN · BLOOMINGTON, MN · plan year 2022

Reported admin expense ratio · 2022
0.48%

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

Dalsin Industries, Inc. reported $106,596 in plan administrative expenses for 2022: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,729 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 0.48% to 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Minnesota (968th of 1,918), and the 6,402nd of 13,661 in manufacturing. In 2022, employees put in $1.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,753,629
Participants with balances204
Active participants157
Employer contributions$585,393
Employee contributions$714,784
Employer contribution per active participant$3,729
Average account balance$87,028
Benefits paid to participants$5,096,944
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 177 accts · $255K emplr
2023$17.6M · 204 accts · $291K emplr
2022$17.8M · 204 accts · $585K emplr
Administrative expenses, itemized · 2022
Investment management$49,831
Total administrative$106,596
The Dalsin Industries, Inc. 401(k) match · 2022
Employer contribution per active participant$3,729
Median for plans this size$2,266
2024$1,722 per active participant
2023$2,061 per active participant
2022$3,729 per active participant

Dalsin Industries, 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.

Recordkeeper by year2
2024Alerus
2023Alerus

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Administrative cost history3
2024$94,598 · 0.56%
2023$98,665 · 0.56%
2022$106,596 · 0.48%
Same employer
Similar plansManufacturing · Minnesota
H2O Innovation USA, Inc. MN$18.6M · 0.48%
Intek Plastics Inc. MN$18.4M · 0.20%
American Spirit Corporation MN$17.9M · 0.22%
Demmer Investments III, Inc MN$17.8M · 0.11%
Brenk Brothers, Inc MN$17.7M · 0.23%
Cortec Corporation MN$17.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411227778 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.