Plan Ledger DOL Form 5500 · updated monthly

Dickinson Wright PLLC401(k)

DICKINSON WRIGHT PLLC RETIREMENT AND 401K SAVINGS · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Dickinson Wright PLLC reported $189,834 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $12,919 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 0.071% to 0.066%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 105th-largest of 2,619 plans among Michigan employers on file, and the 556th of 11,654 in professional & technical services. In 2024, the employer put in $1.12 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$304,883,216
Participants with balances1,087
Active participants870
Employer contributions$11,239,312
Employee contributions$10,035,537
Employer contribution per active participant$12,919
Average account balance$280,481
Benefits paid to participants$24,324,595
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$304.9M · 1,087 accts · $11.2M emplr
2023$273.9M · 1,045 accts · $10.1M emplr
2022$244.2M · 1,084 accts · $9.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,700
Investment management$104,334
Audit (IQPA)$16,800
Total administrative$189,834
The Dickinson Wright PLLC 401(k) match · 2024
Employer contribution per active participant$12,919
Median for plans this size$4,294
2024$12,919 per active participant
2023$12,338 per active participant
2022$11,540 per active participant

Dickinson Wright PLLC's 2024 employer contribution ran above the $4,294 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 · 20244
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$67,239
EMPOWER ADVISORY GROUP LLC · Investment management$34,395
MANER COSTERISAN · Accounting / audit$16,800

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$189,834 · 0.07%
2023$198,651 · 0.08%
2022$189,225 · 0.07%
Same employer
Similar plansProfessional & Technical Services · Michigan
Honigman LLP MI$401.5M · 0.05%
Dykema Gossett PLLC MI$345.6M · 0.05%
Smithgroup Companies, Inc. MI$335.3M · 0.15%
Clark Hill PLC MI$318.2M · 0.06%
Uhy Advisors, Inc. MI$285.1M · 0.01%
J.D. Power MI$240.1M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381364333 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.