Plan Ledger DOL Form 5500 · updated monthly

Dealerpolicy, Inc.401(k)

POLLY 401(K) PLAN · WILLISTON, VT · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Dealerpolicy, Inc. reported $58,110 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,115 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 fell from 0.72% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Vermont (136th of 230), and 3,791st of 4,798 in finance & insurance. In 2024, employees put in $3.77 for every $1.00 the employer contributed; active participation has shrunk from 251 to 170 since 2022.

Plan summary
Net assets, end of year$11,985,254
Participants with balances228
Active participants170
Employer contributions$359,504
Employee contributions$1,356,305
Employer contribution per active participant$2,115
Average account balance$52,567
Benefits paid to participants$1,206,934
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 228 accts · $360K emplr
2023$9.8M · 241 accts · $477K emplr
2022$7.2M · 279 accts · $644K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,947
Investment management$31,163
Total administrative$58,110
The Dealerpolicy, Inc. 401(k) match · 2024
Employer contribution per active participant$2,115
Median for plans this size$2,416
2024$2,115 per active participant
2023$2,677 per active participant
2022$2,568 per active participant

Dealerpolicy, 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
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$26,947
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$31,163

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$58,110 · 0.53%
2023$49,543 · 0.58%
2022$45,687 · 0.72%
Similar plansFinance & Insurance · Vermont
Evergreen Credit Union ME$12.0M · 0.01%
Athol Savings Bank MA$12.0M · 0.00%
Midsouth Bancorporation AL$12.0M · 0.34%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 832986435 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.