Plan Ledger DOL Form 5500 · updated monthly

Dealer Management Services, Inc.401(k)

DMS 401(K) PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Dealer Management Services, Inc. reported $38,999 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $370 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 0.47% to 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Ohio (2,269th of 3,295), and 3,219th of 5,215 in retail trade. In 2024, employees put in $7.01 for every $1.00 the employer contributed; active participation has grown from 174 to 288 since 2022.

Plan summary
Net assets, end of year$7,225,691
Participants with balances165
Active participants288
Employer contributions$106,632
Employee contributions$747,696
Employer contribution per active participant$370
Average account balance$43,792
Benefits paid to participants$623,843
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 165 accts · $107K emplr
2023$5.5M · 176 accts · $153K emplr
2022$5.0M · 178 accts · $188K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,361
Investment management$24,840
Total administrative$38,999
The Dealer Management Services, Inc. 401(k) match · 2024
Employer contribution per active participant$370
Median for plans this size$1,313
2024$370 per active participant
2023$604 per active participant
2022$1,083 per active participant

Dealer Management Services, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
LPL FINANCIAL · Investment advisory (plan)$24,840
CREATIVE RETIREMENT SYSTEMS, INC · Contract administrator$6,203

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$38,999 · 0.61%
2023$34,000 · 0.64%
2022$24,240 · 0.47%
Same employer
Similar plansRetail Trade · Ohio
E&H Family Group, Inc. OH$7.5M · 0.52%
Coler Healthcare, LTD. OH$7.4M · 0.33%
Krieger Ford, Inc OH$7.3M · 1.11%
Ziegler Companies OH$6.9M · 0.12%
Robert McCabe Company Inc OH$6.7M · 0.53%
J.B.K. Group, Inc. OH$6.6M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202016880 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.