Plan Ledger DOL Form 5500 · updated monthly

Dimplex Thermal Solutions, Inc.401(k)

DIMPLEX THERMAL SOLUTIONS RETIREMENT SAVINGS PLAN · KALMAZOO, MI · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Dimplex Thermal Solutions, Inc. reported $44,624 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,199 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 rose from 0.28% to 0.34%. 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 the 1,287th-largest of 2,619 plans among Michigan employers on file, and 7,325th of 13,661 in manufacturing. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has shrunk from 365 to 213 since 2022.

Plan summary
Net assets, end of year$14,194,592
Participants with balances217
Active participants213
Employer contributions$468,488
Employee contributions$873,994
Employer contribution per active participant$2,199
Average account balance$65,413
Benefits paid to participants$2,031,626
Plan auditUnmodified (clean) audit opinion
AuditorPLANTE &MORAN, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 217 accts · $468K emplr
2023$12.0M · 268 accts · $420K emplr
2022$10.6M · 222 accts · $356K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,196
Investment management$36,428
Total administrative$44,624
The Dimplex Thermal Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$2,199
Median for plans this size$2,416
2024$2,199 per active participant
2023$1,757 per active participant
2022$975 per active participant

Dimplex Thermal Solutions, Inc.'s 2024 employer contribution ran below 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 · 20243
M HOLDINGS SECURITIES INC · Investment advisory (plan)$33,259
EMPOWER ADVISORY GROUP, LLC · Investment management$3,169

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$44,624 · 0.34%
2023$37,003 · 0.33%
2022$35,577 · 0.28%
Same employer
Similar plansManufacturing · Michigan
Century, LLC. MI$14.3M · 0.52%
Federal Screw Works MI$14.3M · 0.40%
Windsor Mold USA Inc. MI$14.2M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952634230 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.