Plan Ledger DOL Form 5500 · updated monthly

Dopkins & Company, LLP401(k)

DOPKINS & COMPANY PROFIT SHARING AND EMPLOYEE SAVINGS PLAN · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Dopkins & Company, LLP reported $56,237 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $1,895 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 0.21% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,986th-largest of 5,648 plans among New York employers on file, and the 4,246th of 11,654 in professional & technical services. In 2024, employees put in $5.77 for every $1.00 the employer contributed; active participation has shrunk from 86 to 77 since 2022.

Plan summary
Net assets, end of year$29,343,787
Participants with balances124
Active participants77
Employer contributions$145,891
Employee contributions$841,872
Employer contribution per active participant$1,895
Average account balance$236,643
Benefits paid to participants$3,051,125
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.3M · 124 accts · $146K emplr
2023$28.3M · 127 accts · $150K emplr
2022$24.6M · 131 accts · $144K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,212
Trustee / custodial$21,025
Total administrative$56,237
The Dopkins & Company, LLP 401(k) match · 2024
Employer contribution per active participant$1,895
Median for plans this size$2,416
2024$1,895 per active participant
2023$1,830 per active participant
2022$1,673 per active participant

Dopkins & Company, LLP's 2024 employer contribution ran below the $2,416 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
NEWPORT GROUP, INC. · Claims processing · Recordkeeping$35,212
CHARLES SCHWAB BANK · Claims processing · Custodial (securities)$21,025

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$56,237 · 0.20%
2023$49,734 · 0.19%
2022$53,160 · 0.21%
Similar plansProfessional & Technical Services · New York
Unqork Inc. NY$29.7M · 0.25%
Xad, Inc. NY$29.6M · 0.30%
Rnbw Holdings LLC NY$29.5M · 0.01%
Entech Engineering PC NY$29.2M · 0.32%
Teads, Inc. NY$29.2M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160929175 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.