Plan Ledger DOL Form 5500 · updated monthly

Dewys Metal Solutions, Inc.401(k)

DEWYS MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN · MARNE, MI · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Dewys Metal Solutions, Inc. reported $82,908 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,150 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 0.65%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,337th of 2,619), and 7,640th of 13,661 in manufacturing. In 2024, employees put in $2.91 for every $1.00 the employer contributed; active participation has grown from 225 to 249 since 2022.

Plan summary
Net assets, end of year$13,233,403
Participants with balances295
Active participants249
Employer contributions$286,304
Employee contributions$832,054
Employer contribution per active participant$1,150
Average account balance$44,859
Benefits paid to participants$2,016,123
Plan auditUnmodified (clean) audit opinion
AuditorDOLINKA VANNOORD & CO
Plan history3
Yearassets · accounts · employer contribution
2024$13.2M · 295 accts · $286K emplr
2023$12.4M · 275 accts · $281K emplr
2022$11.6M · 270 accts · $263K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,263
Audit (IQPA)$11,645
Total administrative$82,908
The Dewys Metal Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$1,150
Median for plans this size$2,416
2024$1,150 per active participant
2023$1,119 per active participant
2022$1,168 per active participant

Dewys Metal Solutions, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20246
DOLINKA VANNOORD & CO PLLP · Accounting / audit$11,645
THE W.L. BURMEISTER COMPANY · Contract administrator$10,240
DS INVESTMENT ADVISORS LLC · Investment advisory (plan)$6,399
EMPOWER ADVISORY GROUP LLC · Investment management$2,909
RAYMOND JAMES FINANCIAL SERVICESindirect 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$82,908 · 0.65%
2023$74,730 · 0.62%
2022$78,283 · 0.64%
Same employer
Similar plansManufacturing · Michigan
Hms Mfg. Co. MI$13.3M · 0.35%
Rosedale Products, Inc. MI$13.3M · 0.02%
Bmt Aerospace USA, Inc. MI$13.2M · 0.03%
Kent Quality Foods, Inc. MI$13.1M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383324858 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.