Plan Ledger DOL Form 5500 · updated monthly

Dewpoint, Inc.401(k)

DEWPOINT INC. 401(K) SAVINGS & RETIREMENT PLAN · LANSING, MI · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Dewpoint, Inc. reported $72,502 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $4,255 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 0.39% to 0.27%. 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 840th-largest of 2,619 plans among Michigan employers on file, and the 4,454th of 11,654 in professional & technical services. In 2024, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,357,152
Participants with balances244
Active participants167
Employer contributions$710,575
Employee contributions$1,732,973
Employer contribution per active participant$4,255
Average account balance$112,119
Benefits paid to participants$5,162,603
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.4M · 244 accts · $711K emplr
2023$25.9M · 252 accts · $728K emplr
2022$20.9M · 282 accts · $726K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,539
Investment management$40,963
Total administrative$72,502
The Dewpoint, Inc. 401(k) match · 2024
Employer contribution per active participant$4,255
Median for plans this size$2,416
2024$4,255 per active participant
2023$4,467 per active participant
2022$4,427 per active participant

Dewpoint, Inc.'s 2024 employer contribution ran above the $2,416 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
GRIES FINANCIAL LLC · Investment advisory (plan)$40,963
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$31,539

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$72,502 · 0.27%
2023$63,161 · 0.27%
2022$89,334 · 0.39%
Same employer
Similar plansProfessional & Technical Services · Michigan
Norr LLC MI$27.7M · 0.34%
Centroid Systems, LLC MI$27.6M · 0.11%
Andrews Hooper Pavlik PLC MI$26.3M · 0.10%
Altimetrik, Corp. MI$25.8M · 0.19%
F & V Companies Inc MI$24.8M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383300595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.