Plan Ledger DOL Form 5500 · updated monthly

Dm Group, Inc.401(k)

DM GROUP, INC. 401(K) PROFIT SHARING PLAN · PRINCE FREDERICK, MD · plan year 2023

Reported admin expense ratio · 2023
0.40%

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

Dm Group, Inc. reported $48,376 in plan administrative expenses for 2023: 0.40% of average plan assets, above the peer median. Employer contributions averaged $541 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 0.42% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (858th of 1,671), and 7,130th of 11,654 in professional & technical services. In 2023, employees put in $6.70 for every $1.00 the employer contributed; active participation has shrunk from 126 to 109 since 2022.

Plan summary
Net assets, end of year$12,883,293
Participants with balances109
Active participants109
Employer contributions$59,006
Employee contributions$395,092
Employer contribution per active participant$541
Average account balance$118,195
Benefits paid to participants$923,495
Plan auditUnmodified (clean) audit opinion
AuditorLOMBARDO AYERS & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.9M · 90 accts
2023$12.9M · 109 accts · $59K emplr
2022$11.3M · 112 accts · $60K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$19,489
Investment management$28,887
Total administrative$48,376
The Dm Group, Inc. 401(k) match · 2023
Employer contribution per active participant$541
Median for plans this size$2,440
2023$541 per active participant
2022$476 per active participant

Dm Group, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
NWPS · Loan processing · Recordkeeping$19,489
MML INVESTORS SERVICES, LLC · Investment advisory (participants) · Investment advisory (plan)$28,887

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$28,870 · 0.23%
2023$48,376 · 0.40%
2022$51,635 · 0.42%
Similar plansProfessional & Technical Services · Maryland
Paradyme Management, Inc. MD$13.1M · 0.52%
Vantage Systems Inc MD$13.0M · 0.32%
Heitech Services, Inc. MD$13.0M · 0.60%
Imre, LLC MD$12.9M · 0.61%
Lotame Solutions, Inc. MD$12.8M · 0.34%
Eba Engineering, Inc. MD$12.6M · 0.25%
Standard Solar, Inc. MD$12.5M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540882390 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.