Plan Ledger DOL Form 5500 · updated monthly

Doosan Bobcat North America, Inc.401(k)

DOOSAN 401(K) PLAN · WEST FARGO, ND · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Doosan Bobcat North America, Inc. reported $423,707 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $5,230 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 3 years on file its reported administrative ratio has held roughly steady near 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 9th-largest of 279 plans among North Dakota employers on file, and the 530th of 13,661 in manufacturing. In 2024, employees put in $1.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$551,694,086
Participants with balances4,961
Active participants3,750
Employer contributions$19,612,613
Employee contributions$29,782,682
Employer contribution per active participant$5,230
Average account balance$111,206
Benefits paid to participants$36,815,658
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$551.7M · 4,961 accts · $19.6M emplr
2023$459.1M · 5,320 accts · $18.4M emplr
2022$366.1M · 4,692 accts · $15.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$423,707
Total administrative$423,707
The Doosan Bobcat North America, Inc. 401(k) match · 2024
Employer contribution per active participant$5,230
Median for plans this size$4,294
2024$5,230 per active participant
2023$4,888 per active participant
2022$4,494 per active participant

Doosan Bobcat North America, Inc.'s 2024 employer contribution ran above the $4,294 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$349,041
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$98,809

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$423,707 · 0.08%
2023$393,376 · 0.10%
2022$339,558 · 0.09%
All plans at this employer2
DOOSAN 401(K) PLAN401(k)
MELROE SAVINGS AND INVESTMENT PLAN401(k)
Same employer
Similar plansManufacturing · North Dakota
The Cooper Companies, Inc. CA$557.5M · 0.06%
Hollister Incorporated IL$554.5M · 0.02%
Kent Corporation IA$553.4M · 0.06%
Integer Holdings Corporation TX$551.4M · 0.06%
Ahlstrom USA Inc. CT$550.8M · 0.06%
Solar Turbines Incorporated CA$548.8M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 380425350 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.