Plan Ledger DOL Form 5500 · updated monthly

Doosan Industrial Vehicle America Corp401(k)

DOOSAN INDUSTRIAL VEHICLE AMERICA CORP 401(K) PLAN · BUFORD, GA · plan year 2022

Reported admin expense ratio · 2022
0.18%

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

Doosan Industrial Vehicle America Corp reported $31,026 in plan administrative expenses for 2022: 0.18% of average plan assets, below the peer median. Employer contributions averaged $5,876 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 rose from 0.18% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,384th of 2,160), and 9,713th of 13,661 in manufacturing. In 2022, employees put in $2.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,922,960
Participants with balances203
Active participants126
Employer contributions$740,388
Employee contributions$1,968,193
Employer contribution per active participant$5,876
Average account balance$39,029
Benefits paid to participants$1,564,060
Plan auditUnmodified (clean) audit opinion
AuditorHLB GROSS COLLINS PC
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$6.9M · 183 accts · $264K emplr
2022$7.9M · 203 accts · $740K emplr
The Doosan Industrial Vehicle America Corp 401(k) match · 2022
Employer contribution per active participant$5,876
Median for plans this size$2,266

Doosan Industrial Vehicle America Corp's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$19,457 · 0.26%
2022$31,026 · 0.18%
Same employer
Similar plansManufacturing · Georgia
Western Plastics, Inc. GA$8.3M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452469580 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.