Plan Ledger DOL Form 5500 · updated monthly

Doran Companies LLC401(k)

DORAN COMPANIES 401K PLAN · BLOOMINGTON, MN · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Doran Companies LLC reported $2,888 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,048 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 0.48% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Minnesota (1,310th of 1,918), and 1,116th of 2,096 in real estate & leasing. In 2024, employees put in $1.92 for every $1.00 the employer contributed; active participation has shrunk from 189 to 99 since 2022.

Plan summary
Net assets, end of year$9,874,935
Participants with balances171
Active participants99
Employer contributions$400,717
Employee contributions$767,659
Employer contribution per active participant$4,048
Average account balance$57,748
Benefits paid to participants$1,824,835
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 171 accts · $401K emplr
2023$9.0M · 148 accts · $443K emplr
2022$7.8M · 151 accts · $432K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,214
Investment management$674
Total administrative$2,888
The Doran Companies LLC 401(k) match · 2024
Employer contribution per active participant$4,048
Median for plans this size$1,313
2024$4,048 per active participant
2023$3,856 per active participant
2022$2,287 per active participant

Doran Companies LLC'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 · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$2,589
BREMER BANK NA · Consultingindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$2,888 · 0.03%
2023$24,738 · 0.29%
2022$40,437 · 0.48%
Same employer
Similar plansReal Estate & Leasing · Minnesota
Stuartco MN$11.2M · 0.64%
Grace Management, Inc. MN$10.5M · 0.98%
Roers Companies MN$8.9M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208494338 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.