Plan Ledger DOL Form 5500 · updated monthly

Dfp Acquisition Corp.401(k)

DFP ACQUISITION CORP. 401(K) PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Dfp Acquisition Corp. reported $50,877 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $2,326 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 0.743%. 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 Ohio (2,229th of 3,295), and 3,446th of 5,337 in construction. In 2024, employees put in $1.30 for every $1.00 the employer contributed; active participation has grown from 254 to 283 since 2022.

Plan summary
Net assets, end of year$7,680,941
Participants with balances267
Active participants283
Employer contributions$658,212
Employee contributions$858,879
Employer contribution per active participant$2,326
Average account balance$28,768
Benefits paid to participants$749,766
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 267 accts · $658K emplr
2023$6.0M · 236 accts · $558K emplr
2022$3.4M · 189 accts · $324K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,877
Total administrative$50,877
The Dfp Acquisition Corp. 401(k) match · 2024
Employer contribution per active participant$2,326
Median for plans this size$1,313
2024$2,326 per active participant
2023$2,216 per active participant
2022$1,275 per active participant

Dfp Acquisition Corp.'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 · 20241
JOHN HANCOCK LIFE INS. CO. · Recordkeeping$340

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$50,877 · 0.74%
2023$32,663 · 0.69%
2022$24,297 · 0.74%
Similar plansConstruction · Ohio
The Waterworks, LLC OH$8.5M · 0.81%
Construction One, Inc. OH$8.1M · 0.20%
Cts Construction, Inc. OH$7.1M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364598170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.