Plan Ledger DOL Form 5500 · updated monthly

Dood Enterprises401(k)

RIVER CITY MECHANICAL 401(K) PLAN · COMSTOCK PARK, MI · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Dood Enterprises reported $63,613 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $2,809 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 0.67% to 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Michigan (1,461st of 2,619), and 2,944th of 5,337 in construction. In 2024, employees put in $2.02 for every $1.00 the employer contributed; active participation has grown from 116 to 132 since 2022.

Plan summary
Net assets, end of year$11,080,630
Participants with balances151
Active participants132
Employer contributions$370,793
Employee contributions$748,333
Employer contribution per active participant$2,809
Average account balance$73,382
Benefits paid to participants$132,459
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.1M · 151 accts · $371K emplr
2023$8.9M · 137 accts · $257K emplr
2022$7.8M · 133 accts · $230K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,613
Total administrative$63,613
The Dood Enterprises 401(k) match · 2024
Employer contribution per active participant$2,809
Median for plans this size$1,313
2024$2,809 per active participant
2023$2,159 per active participant
2022$1,984 per active participant

Dood Enterprises's 2024 employer contribution ran above the $1,313 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 · 20241

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$63,613 · 0.64%
2023$53,512 · 0.64%
2022$56,075 · 0.67%
Same employer
Similar plansConstruction · Michigan
R.W. Mercer Company MI$11.2M · 0.20%
The Colasanti Group, Inc. MI$10.6M · 0.23%
Sherriff-Goslin Company MI$10.2M · 0.81%
Dykema Excavators, Inc. MI$10.1M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810596819 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.