Plan Ledger DOL Form 5500 · updated monthly

Dawood Engineering Inc401(k)

DAWOOD ENGINEERING INC 401K PLAN · ENOLA, PA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Dawood Engineering Inc reported $29,875 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $2,790 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 0.03% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Pennsylvania (2,038th of 3,651), and 7,153rd of 11,654 in professional & technical services. In 2024, employees put in $2.55 for every $1.00 the employer contributed; active participation has shrunk from 130 to 110 since 2022.

Plan summary
Net assets, end of year$12,799,481
Participants with balances164
Active participants110
Employer contributions$306,873
Employee contributions$781,208
Employer contribution per active participant$2,790
Average account balance$78,046
Benefits paid to participants$1,267,741
Plan auditUnmodified (clean) audit opinion
AuditorBOYER & RITTER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 164 accts · $307K emplr
2023$11.3M · 174 accts · $321K emplr
2022$9.0M · 156 accts · $282K emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$26,600
Total administrative$29,875
The Dawood Engineering Inc 401(k) match · 2024
Employer contribution per active participant$2,790
Median for plans this size$2,416
2024$2,790 per active participant
2023$2,428 per active participant
2022$2,171 per active participant

Dawood Engineering Inc's 2024 employer contribution ran above 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 · 20243
BOYER & RITTER, LLC · Accounting / audit$26,600
ASSURED PARTNERS CAPITAL, INC. · Other servicesindirect comp
PENNSYLVANIA PENSION PLANNERS INC · Other servicesindirect 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$29,875 · 0.25%
2023$14,625 · 0.14%
2022$2,825 · 0.03%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Evervet Operations, LLC PA$13.2M · 1.16%
Crompco LLC PA$13.2M · 0.29%
Execupower, LLC PA$12.6M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251696385 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.