Plan Ledger DOL Form 5500 · updated monthly

Dealeron, Inc.401(k)

DEALERON 401(K) PLAN · DERWOOD, MD · plan year 2024

Reported admin expense ratio · 2024
1.27%

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

Dealeron, Inc. reported $240,001 in plan administrative expenses for 2024: 1.27% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,240 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 has held roughly steady near 1.27%. 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 the 602nd-largest of 1,671 plans among Maryland employers on file, and the 5,165th of 11,654 in professional & technical services. In 2024, employees put in $2.15 for every $1.00 the employer contributed; active participation has grown from 407 to 492 since 2022.

Plan summary
Net assets, end of year$22,234,501
Participants with balances433
Active participants492
Employer contributions$1,102,048
Employee contributions$2,368,038
Employer contribution per active participant$2,240
Average account balance$51,350
Benefits paid to participants$2,524,343
Plan auditUnmodified (clean) audit opinion
AuditorBORMEL, GRICE & HUYETT, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$22.2M · 433 accts · $1.1M emplr
2023$15.5M · 406 accts · $988K emplr
2022$10.1M · 380 accts · $819K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$157,055
Investment management$41,473
Total administrative$240,001
The Dealeron, Inc. 401(k) match · 2024
Employer contribution per active participant$2,240
Median for plans this size$2,416
2024$2,240 per active participant
2023$2,084 per active participant
2022$2,012 per active participant

Dealeron, Inc.'s 2024 employer contribution ran below 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$157,055
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$82,946

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$240,001 · 1.27%
2023$177,413 · 1.39%
2022$135,130 · 1.32%
Same employer
Similar plansProfessional & Technical Services · Maryland
Dataprise, LLC MD$22.9M · 0.55%
Naval Systems, Inc. MD$22.9M · 0.63%
Tensley Consulting, Inc. MD$22.1M · 0.09%
Lcg Inc. MD$21.3M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061730666 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.