Plan Ledger DOL Form 5500 · updated monthly

Deans Professional Plumbing In401(k)

DEANS PROFESSIONAL PLUMBING IN 401(K) PROFIT SHARING PLAN & TRUST · MAPLE GROVE, MN · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Deans Professional Plumbing In reported $36,999 in plan administrative expenses for 2024: 0.65% of average plan assets, above the peer median. Employer contributions averaged $4,401 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 0.85% to 0.65%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Minnesota (1,465th of 1,918), and 3,613th of 5,337 in construction. In 2024, employees put in $1.35 for every $1.00 the employer contributed; active participation has grown from 102 to 151 since 2022.

Plan summary
Net assets, end of year$6,833,912
Participants with balances160
Active participants151
Employer contributions$664,597
Employee contributions$899,778
Employer contribution per active participant$4,401
Average account balance$42,712
Benefits paid to participants$279,514
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 160 accts · $665K emplr
2023$4.5M · 124 accts · $576K emplr
2022$2.7M · 134 accts · $484K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,808
Investment management$21,331
Trustee / custodial$860
Total administrative$36,999
The Deans Professional Plumbing In 401(k) match · 2024
Employer contribution per active participant$4,401
Median for plans this size$1,313
2024$4,401 per active participant
2023$5,284 per active participant
2022$4,741 per active participant

Deans Professional Plumbing In's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
PAYCHEX, INC. · Recordkeeping$14,645
KESTRA ADVISORY SERVICES, LLC · Investment advisory (participants)$21,331

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

Recordkeeper by year2
2024Paychex
2023KESTRA ADVISORY SERVICES, LLC, Paychex

This plan has changed recordkeepers within these filings. If you left Deans Professional Plumbing In before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$36,999 · 0.65%
2023$27,332 · 0.75%
2022$19,872 · 0.85%
Similar plansConstruction · Minnesota
Berg Group, LLC MN$7.9M · 0.22%
Berg Group, LLC MN$7.9M · 0.22%
Universal Services, Inc. MN$7.5M · 0.15%
Air Mechanical, Inc. MN$6.1M · 0.77%
Thermo-Tech Windows, LLC MN$5.9M · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411847254 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.