Plan Ledger DOL Form 5500 · updated monthly

Danlaw Inc401(k)

DANLAW, INC 401(K) AND PROFIT SHARING PLAN · NOVI, MI · plan year 2025

Reported admin expense ratio · 2025
0.22%

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

Danlaw Inc reported $49,919 in plan administrative expenses for 2025: 0.22% of average plan assets, below the peer median. Employer contributions averaged $3,017 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 3 years on file its reported administrative ratio fell from 0.38% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other professional & technical services employers. By assets it is the 932nd-largest of 2,619 plans among Michigan employers on file, and the 4,996th of 11,654 in professional & technical services. In 2025, employees put in $4.43 for every $1.00 the employer contributed; active participation has shrunk from 144 to 89 since 2022.

Plan summary
Net assets, end of year$23,403,464
Participants with balances170
Active participants89
Employer contributions$268,557
Employee contributions$1,189,877
Employer contribution per active participant$3,017
Average account balance$137,667
Benefits paid to participants$2,632,861
Plan auditUnmodified (clean) audit opinion
AuditorGRANT, MILLMAN AND JOHNSON, P.C.
Plan history4
Yearassets · accounts · employer contribution
2025$23.4M · 170 accts · $269K emplr
2024$21.5M · 193 accts · $347K emplr
2023$19.1M · 225 accts · $425K emplr
2022$16.6M · 250 accts · $390K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$46,448
Investment management$3,471
Total administrative$49,919
The Danlaw Inc 401(k) match · 2025
Employer contribution per active participant$3,017
Median for plans this size$2,666
2025$3,017 per active participant
2024$3,128 per active participant
2023$3,034 per active participant
2022$2,705 per active participant

Danlaw Inc's 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
ADP, INC. · Recordkeeping · Loan processing$4,666
ADP BROKER-DEALERindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025ADP
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$49,919 · 0.22%
2024$51,853 · 0.26%
2023$48,480 · 0.27%
2022$67,479 · 0.38%
Same employer
Similar plansProfessional & Technical Services · Michigan
F & V Companies Inc MI$24.8M · 0.44%
Tata Technologies, Inc. MI$24.2M · 0.44%
Nederveld , Inc MI$22.7M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382495987 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.