Plan Ledger DOL Form 5500 · updated monthly

Dm Companies Inc401(k)

DM COMPANIES PS & 401(K) PLAN · TROY, MI · plan year 2023

Reported admin expense ratio · 2023
0.24%

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

Dm Companies Inc reported $227,896 in plan administrative expenses for 2023: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,828 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 1 year on file its reported administrative ratio fell from 0.31% to 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 284th-largest of 2,619 plans among Michigan employers on file, and the 1,431st of 11,654 in professional & technical services. In 2023, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$105,951,529
Participants with balances743
Active participants626
Employer contributions$3,648,068
Employee contributions$5,509,060
Employer contribution per active participant$5,828
Average account balance$142,600
Benefits paid to participants$8,671,899
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$106.0M · 743 accts · $3.6M emplr
2022$80.6M · 622 accts · $2.8M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$94,503
Investment management$133,393
Total administrative$227,896
The Dm Companies Inc 401(k) match · 2023
Employer contribution per active participant$5,828
Median for plans this size$3,659
2023$5,828 per active participant
2022$5,108 per active participant

Dm Companies Inc's 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PROFESSIONAL CAPITAL SERVICES, LLC · Contract administrator · Recordkeeping$56,702
GREGORY J. SCHWARTZ & CO., INC. · Investment management$133,393
ADVISORTRUST · Custodial (securities) · Trustee$37,801

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

Administrative cost history2
2023$227,896 · 0.24%
2022$224,622 · 0.31%
Same employer
Similar plansProfessional & Technical Services · Michigan
Walker Consultants MI$108.8M · 0.03%
Dm Intermediate Parent, LLC MI$108.6M · 0.36%
Ghafari Associates, LLC MI$106.6M · 0.14%
Arotech MI$89.0M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383383608 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.