Plan Ledger DOL Form 5500 · updated monthly

Dan Deery Motor Co.401(k)

DAN DEERY MOTOR CO. PROFIT SHARING PLAN · CEDAR FALLS, IA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Dan Deery Motor Co. reported $44,302 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $2,083 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 0.14% to 0.30%. 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 among the smaller plans on file in Iowa (470th of 878), and the 1,824th of 5,215 in retail trade. In 2024, employees put in $3.24 for every $1.00 the employer contributed; active participation has shrunk from 180 to 141 since 2022.

Plan summary
Net assets, end of year$15,863,007
Participants with balances0
Active participants141
Employer contributions$293,692
Employee contributions$952,167
Employer contribution per active participant$2,083
Average account balance—
Benefits paid to participants$1,327,392
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · $294K emplr
2023$14.1M · 137 accts · $262K emplr
2022$11.6M · 140 accts · $240K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,302
Total administrative$44,302
The Dan Deery Motor Co. 401(k) match · 2024
Employer contribution per active participant$2,083
Median for plans this size$2,416
2024$2,083 per active participant
2023$2,018 per active participant
2022$1,335 per active participant

Dan Deery Motor Co.'s 2024 employer contribution ran below 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 · 20249
THE FINWAY GROUP LLC · Contract administrator$18,838
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$6,829
NATIONAL AUTOMOBILE DEALERS ASSOC$6,675
CAPFINANCIAL PARTNERS LLC$1,633
EMPOWER ADVISORY GROUP LLC · Investment management$21
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILLSHIRE ADVISORS, LLC · Investment advisory (plan)indirect comp

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$44,302 · 0.30%
2023$17,971 · 0.14%
2022$17,892 · 0.14%
Same employer
Similar plansRetail Trade · Iowa
Homemakers Plaza, Inc. IA$16.8M · 0.36%
West Music Co., Inc. IA$16.7M · 0.45%
Bob Brown Chevrolet, Inc. IA$16.6M · 0.41%
Beisser's, Inc. IA$16.5M · 0.55%
Pritchard Auto Company IA$11.6M · 0.43%
Qsc, LLC IA$10.9M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421122479 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.