What are the fees in the Dealer-Fx Incorporated 401(k) plan?

For plan year 2022, Dealer-Fx Incorporated reported $19,540 in plan administrative expenses, or 0.94% of average plan assets — higher than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Dealer-Fx Incorporated 401(k)?

The average participant account balance was $14,170 for plan year 2022, based on 134 accounts.

Dealer-Fx Incorporated401(k)

Name: Dealer-Fx Incorporated 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

DEALER-FX, INC. RETIREMENT SAVING PLAN · · plan year 2022

Reported admin expense ratio · 2022

0.94%

Dealer-Fx Incorporated reported $19,540 in plan administrative expenses for 2022: 0.94% of average plan assets, higher than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is 10,925th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$1,898,759
Participants with balances134
Active participants118
Employer contributions—
Employee contributions$498,401
Employer contribution per active participant—
Average account balance$14,170
Benefits paid to participants$411,904
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP

Plan history2

Yearassets · accounts · employer contribution

2023$0

2022$1.9M · 134 accts

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$16,758

Investment management$2,500

Professional / advisory$282

Total administrative$19,540

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2

2023Not separately reported

2022$19,540 · 0.94%

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Dealer-Fx Incorporated's health & benefits plan: carriers, premiums & broker pay

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Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 261252505 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.