Plan Ledger DOL Form 5500 · updated monthly

Dothan Security, Inc.401(k)

DSI 401(K) PLAN · DOTHAN, AL · plan year 2024

Reported admin expense ratio · 2024
2.14%

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

Dothan Security, Inc. reported $41,942 in plan administrative expenses for 2024: 2.14% of average plan assets, higher than ~90% of peers. Employer contributions averaged $22 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 1.08% to 2.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Alabama (789th of 902), and 1,890th of 2,534 in administrative & support services. In 2024, employees put in $8.38 for every $1.00 the employer contributed; active participation has grown from 1,803 to 2,651 since 2022.

Plan summary
Net assets, end of year$2,203,660
Participants with balances176
Active participants2,651
Employer contributions$59,193
Employee contributions$495,952
Employer contribution per active participant$22
Average account balance$12,521
Benefits paid to participants$256,539
Plan auditUnmodified (clean) audit opinion
AuditorCARPENTER, WIGGINS, JORDAN, THOMAS
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 176 accts · $59K emplr
2023$1.7M · 191 accts · $47K emplr
2022$1.4M · 199 accts · $44K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,942
Total administrative$41,942
The Dothan Security, Inc. 401(k) match · 2024
Employer contribution per active participant$22
Median for plans this size$1,313
2024$22 per active participant
2023$19 per active participant
2022$24 per active participant

Dothan Security, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TRANSAMERICA LIFE INSURANCE CO · Recordkeeping · Loan processing$16,969
ERISA SERVICES, INC · Recordkeeping · Loan processing$13,435
CAMBRIDGE INVESTMENT RESEARCH ADVIS · Investment advisory (plan)$11,241

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

Recordkeeper by year2
2024ERISA SERVICES, INC, Transamerica
2023ERISA SERVICES, INC, Transamerica

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Administrative cost history3
2024$41,942 · 2.14%
2023$21,033 · 1.36%
2022$14,445 · 1.08%
Same employer
Similar plansAdministrative & Support Services · Alabama
Redtown, LLC AL$3.4M · 0.85%
Pbs Peo Services, LLC AL$2.4M · 1.87%
Itac Solutions AL$1.3M · 0.03%
Tpg Telemanagement, Inc AL$800K · 2.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630748641 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.