Plan Ledger DOL Form 5500 · updated monthly

Doro, Incorporated401(k)

DORO, INCORPORATED 401(K) SAVINGS PLAN AND TRUST · EAU CLAIRE, WI · plan year 2023

Reported admin expense ratio · 2023
1.14%

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

Doro, Incorporated reported $45,157 in plan administrative expenses for 2023: 1.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $119 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 1.03% to 1.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Wisconsin (1,668th of 1,936), and the 966th of 2,240 in accommodation & food services. In 2023, employees put in $5.36 for every $1.00 the employer contributed; active participation has shrunk from 728 to 647 since 2022.

Plan summary
Net assets, end of year$4,372,516
Participants with balances169
Active participants647
Employer contributions$77,120
Employee contributions$413,397
Employer contribution per active participant$119
Average account balance$25,873
Benefits paid to participants$265,243
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.2M · 162 accts · $80K emplr
2023$4.4M · 169 accts · $77K emplr
2022$3.6M · 161 accts · $75K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$17,795
Investment management$11,367
Audit (IQPA)$15,995
Total administrative$45,157
The Doro, Incorporated 401(k) match · 2023
Employer contribution per active participant$119
Median for plans this size$1,308
2024$121 per active participant
2023$119 per active participant
2022$104 per active participant

Doro, Incorporated's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ASCENSUS LLC · Recordkeeping$17,795
WIPFLI LLP · Accounting / audit$15,995
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$11,367

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$47,151 · 1.10%
2023$45,157 · 1.14%
2022$40,222 · 1.03%
Same employer
Similar plansAccommodation & Food Services · Wisconsin
Cousins Submarines, Inc. WI$6.6M · 0.42%
Kohart, Inc. WI$5.8M · 0.73%
Kitchen Fresh Foods, LLC WI$4.6M · 0.06%
Courtesy Corporation WI$4.5M · 0.68%
Cobblestone Hotels, LLC WI$4.2M · 0.52%
Larson Management Inc. WI$4.2M · 0.08%
Toppers Pizza, LLC WI$4.1M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391391153 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.