Plan Ledger DOL Form 5500 · updated monthly

Dick Family, Inc.401(k)

DICK FAMILY, INC. 401(K) PLAN · SAUK RAPIDS, MN · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Dick Family, Inc. reported $1,750 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,688 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 0.012% to 0.007%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 771st-largest of 1,918 plans among Minnesota employers on file, and the 1,543rd of 4,246 in wholesale trade. In 2024, employees put in $2.17 for every $1.00 the employer contributed; active participation has grown from 116 to 141 since 2022.

Plan summary
Net assets, end of year$25,635,231
Participants with balances170
Active participants141
Employer contributions$378,947
Employee contributions$823,008
Employer contribution per active participant$2,688
Average account balance$150,795
Benefits paid to participants$632,883
Plan auditUnmodified (clean) audit opinion
AuditorSCHLENNER WENNER & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$25.6M · 170 accts · $379K emplr
2023$21.8M · 162 accts · $358K emplr
2022$18.4M · 141 accts · $495K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,750
Total administrative$1,750
The Dick Family, Inc. 401(k) match · 2024
Employer contribution per active participant$2,688
Median for plans this size$2,416
2024$2,688 per active participant
2023$2,594 per active participant
2022$4,263 per active participant

Dick Family, Inc.'s 2024 employer contribution ran above 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 · 20242
SCHLENNER WENNER & CO CPAS PA$9,659
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$2,650

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$1,750 · 0.01%
2023$2,075 · 0.01%
2022$2,410 · 0.01%
Same employer
Similar plansWholesale Trade · Minnesota
Foss North America, Inc. MN$27.9M · 0.03%
Hartfiel Automation, Inc. MN$27.3M · 0.10%
Applied Products, Inc. MN$24.1M · 0.13%
Herregan Distributors, Inc. MN$23.4M · 0.11%
H.M. Cragg Company MN$22.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833297022 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.