Plan Ledger DOL Form 5500 · updated monthly

Dorfman Milano Company401(k)

DORFMAN MILANO COMPANY VOLUNTARY INVESTMENT PLAN · STOCKTON, CA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Dorfman Milano Company reported $57,227 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $1,986 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 rose from 0.10% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 3,722nd-largest of 9,483 plans among California employers on file, and the 1,953rd of 4,246 in wholesale trade. In 2024, employees put in $3.08 for every $1.00 the employer contributed; active participation has shrunk from 161 to 118 since 2022.

Plan summary
Net assets, end of year$19,326,897
Participants with balances188
Active participants118
Employer contributions$234,312
Employee contributions$720,568
Employer contribution per active participant$1,986
Average account balance$102,803
Benefits paid to participants$2,434,482
Plan auditUnmodified (clean) audit opinion
AuditorBFBA, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.3M · 188 accts · $234K emplr
2023$18.4M · 228 accts · $314K emplr
2022$15.2M · 221 accts · $262K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,228
Investment management$15,999
Total administrative$57,227
The Dorfman Milano Company 401(k) match · 2024
Employer contribution per active participant$1,986
Median for plans this size$2,416
2024$1,986 per active participant
2023$1,901 per active participant
2022$1,630 per active participant

Dorfman Milano Company'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$41,227
RPA FINANCIAL, LLC · Investment advisory (plan)$16,000
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$57,227 · 0.30%
2023$17,145 · 0.10%
2022$16,435 · 0.10%
Same employer
Similar plansWholesale Trade · California
Merchsource CA$19.5M · 0.28%
Peking Handicraft, Inc CA$19.3M · 0.30%
ENI-JR286, Inc. CA$19.0M · 0.68%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 941233029 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.