Plan Ledger DOL Form 5500 · updated monthly

Dorsey Tire Co., Inc.401(k)

DORSEY GROUP 401(K) PLAN · POOLER, GA · plan year 2022

Reported admin expense ratio · 2022
1.36%

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

Dorsey Tire Co., Inc. reported $28,660 in plan administrative expenses for 2022: 1.36% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,203 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,948th of 2,160), and 12,841st of 13,661 in manufacturing. In 2022, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,954,253
Participants with balances63
Active participants109
Employer contributions$131,141
Employee contributions$226,207
Employer contribution per active participant$1,203
Average account balance$31,020
Benefits paid to participants$233,275
Plan auditUnmodified (clean) audit opinion
AuditorHANCOCK ASKEW & CO., LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$28,660
Total administrative$28,660
The Dorsey Tire Co., Inc. 401(k) match · 2022
Employer contribution per active participant$1,203
Median for plans this size$1,114

Dorsey Tire Co., Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$28,660 · 1.36%
Similar plansManufacturing · Georgia
Pbr Inc GA$2.0M
First String Space, Inc. GA$2.0M · 0.03%
Brooks Auto Parts, Inc. GA$1.9M · 0.58%
Floor Productions, LLC GA$1.6M · 1.59%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 581820450 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.