Plan Ledger DOL Form 5500 · updated monthly

Dearborn Holding Company, LLC401(k)

DEARBORN HOLDING COMPANY, LLC 401(K) PROFIT SHARING PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Dearborn Holding Company, LLC reported $103,856 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $7,672 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 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 481st-largest of 2,619 plans among Michigan employers on file, and the 975th of 5,337 in construction. In 2024, employees put in $1.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$55,014,947
Participants with balances338
Active participants286
Employer contributions$2,194,073
Employee contributions$3,509,144
Employer contribution per active participant$7,672
Average account balance$162,766
Benefits paid to participants$5,588,369
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$55.0M · 338 accts · $2.2M emplr
2023$47.7M · 349 accts · $2.1M emplr
2022$38.0M · 329 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,456
Investment management$38,900
Total administrative$103,856
The Dearborn Holding Company, LLC 401(k) match · 2024
Employer contribution per active participant$7,672
Median for plans this size$3,635
2024$7,672 per active participant
2023$6,965 per active participant
2022$6,256 per active participant

Dearborn Holding Company, LLC's 2024 employer contribution ran above the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$46,456
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$38,900
PLANTE & MORAN PLLC · Accounting / audit$18,500

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$103,856 · 0.20%
2023$79,925 · 0.19%
2022$87,052 · 0.21%
Same employer
Similar plansConstruction · Michigan
Bierlein Companies, Inc. MI$65.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811151147 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.