Plan Ledger DOL Form 5500 · updated monthly

Dart Appraisal.com401(k)

DART APPRAISAL.COM RETIREMENT PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Dart Appraisal.com reported $25,381 in plan administrative expenses for 2024: 0.63% of average plan assets, above the peer median. Employer contributions averaged $680 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 1 year on file its reported administrative ratio fell from 0.85% to 0.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Michigan (2,075th of 2,619), and 1,590th of 2,096 in real estate & leasing. In 2024, employees put in $5.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,411,624
Participants with balances135
Active participants115
Employer contributions$78,171
Employee contributions$459,898
Employer contribution per active participant$680
Average account balance$32,679
Benefits paid to participants$329,414
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$4.4M · 135 accts · $78K emplr
2023$3.6M · 158 accts · $106K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,381
Total administrative$25,381
The Dart Appraisal.com 401(k) match · 2024
Employer contribution per active participant$680
Median for plans this size$1,313
2024$680 per active participant
2023$909 per active participant

Dart Appraisal.com's 2024 employer contribution ran below the $1,313 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 · 20244
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$15,652
THE RETIREMENT ADVANTAGE INC · Contract administrator$6,027
EMPOWER ADVISORY GROUP, LLC · Investment management$302

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

Administrative cost history2
2024$25,381 · 0.63%
2023$26,858 · 0.85%
Similar plansReal Estate & Leasing · Michigan
Olor, LLC MI$5.8M · 0.11%
Legacy, LLC MI$4.9M · 0.86%
Mrd Apartments, LLC MI$4.6M · 1.33%
City Club Apartments, LLC MI$4.4M · 0.84%
Land & Company MI$4.3M · 0.94%
Hayman Company MI$4.0M · 0.93%
First Housing Corporation MI$3.8M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 383503497 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.