Plan Ledger DOL Form 5500 · updated monthly

Diversified Tooling Group, Inc.401(k)

DIVERSIFIED TOOLING GROUP EMPLOYEES 401(K) AND PROFIT SHARING PLAN · MADISON HEIGHTS, MI · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Diversified Tooling Group, Inc. reported $77,239 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $643 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 0.50% to 0.39%. 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 996th-largest of 2,619 plans among Michigan employers on file, and the 5,733rd of 13,661 in manufacturing. In 2024, employees put in $6.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,106,373
Participants with balances358
Active participants323
Employer contributions$207,753
Employee contributions$1,356,645
Employer contribution per active participant$643
Average account balance$58,956
Benefits paid to participants$1,396,633
Plan auditUnmodified (clean) audit opinion
AuditorUHY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$21.1M · 358 accts · $208K emplr
2023$18.7M · 328 accts · $178K emplr
2022$15.9M · 283 accts · $152K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,379
Investment management$35,860
Total administrative$77,239
The Diversified Tooling Group, Inc. 401(k) match · 2024
Employer contribution per active participant$643
Median for plans this size$2,416
2024$643 per active participant
2023$532 per active participant
2022$457 per active participant

Diversified Tooling Group, 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$41,379
WELLTH ADVISORY SERVICES LLC · Investment advisory (plan)$18,262
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$17,598

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$77,239 · 0.39%
2023$92,996 · 0.54%
2022$87,359 · 0.50%
Similar plansManufacturing · Michigan
Blm Group USA Corp MI$21.3M · 0.17%
Humphrey Products Company MI$21.1M · 0.01%
Ewellix USA LLC MI$21.1M · 0.03%
Ort Tool & Die Corporation MI$20.8M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320020441 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.