Plan Ledger DOL Form 5500 · updated monthly

Denooyer Brothers, Inc.401(k)

DENOOYER BROTHERS / METRO 401(K) PLAN & TRUST · KALAMAZOO, MI · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Denooyer Brothers, Inc. reported $103,432 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $1,373 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 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 727th-largest of 2,619 plans among Michigan employers on file, and the 951st of 5,215 in retail trade. In 2024, employees put in $5.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,150,636
Participants with balances267
Active participants222
Employer contributions$304,728
Employee contributions$1,549,579
Employer contribution per active participant$1,373
Average account balance$124,160
Benefits paid to participants$3,562,221
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.2M · 267 accts · $305K emplr
2023$30.5M · 274 accts · $304K emplr
2022$25.5M · 268 accts · $276K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,432
Total administrative$103,432
The Denooyer Brothers, Inc. 401(k) match · 2024
Employer contribution per active participant$1,373
Median for plans this size$2,416
2024$1,373 per active participant
2023$1,332 per active participant
2022$1,276 per active participant

Denooyer Brothers, 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$103,919
CETERA ADVISORS LLC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$103,432 · 0.32%
2023$88,316 · 0.32%
2022$93,950 · 0.33%
Same employer
Similar plansRetail Trade · Michigan
Busch's, Inc. MI$36.7M · 0.35%
Wesco, Inc. MI$34.3M · 0.37%
Liberty Chevrolet, Inc. MI$32.9M · 0.40%
Lowery Corporation MI$30.7M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381803117 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.