Plan Ledger DOL Form 5500 · updated monthly

Dormae Products Inc401(k)

DORMAE PRODUCTS INC 401(K) PROFIT SHARING PLAN & TRUST · LOCKHART, TX · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Dormae Products Inc reported $3,063 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,854 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 0.05% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (3,332nd of 5,688), and 9,516th of 13,661 in manufacturing. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has shrunk from 162 to 125 since 2022.

Plan summary
Net assets, end of year$8,347,628
Participants with balances630
Active participants125
Employer contributions$231,809
Employee contributions$483,689
Employer contribution per active participant$1,854
Average account balance$13,250
Benefits paid to participants$800,178
Plan auditUnmodified (clean) audit opinion
AuditorBAUER & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 630 accts · $232K emplr
2023$7.1M · 602 accts · $251K emplr
2022$6.8M · 573 accts · $284K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,063
Total administrative$3,063
The Dormae Products Inc 401(k) match · 2024
Employer contribution per active participant$1,854
Median for plans this size$1,313
2024$1,854 per active participant
2023$1,822 per active participant
2022$1,752 per active participant

Dormae Products Inc's 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$3,063 · 0.04%
2023$4,345 · 0.06%
2022$3,621 · 0.05%
Same employer
Similar plansManufacturing · Texas
Sharp Iron Group, LLC TX$8.4M · 0.61%
Cs&P Technologies LP TX$8.4M · 0.01%
Elemetal, LLC TX$8.4M · 0.50%
Ch Industries, Inc. TX$8.3M · 0.36%
Simflo, LLC TX$8.3M · 0.53%
Portacool, LLC TX$8.2M · 0.87%
Weldfit Corporation TX$8.2M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741199137 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.