Plan Ledger DOL Form 5500 · updated monthly

Douglas Dynamics, L.L.C.401(k)

DOUGLAS DYNAMICS, L.L.C. 401(K) PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Douglas Dynamics, L.L.C. reported $283,285 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $2,968 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 0.20% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 164th-largest of 1,936 plans among Wisconsin employers on file, and the 1,371st of 13,661 in manufacturing. In 2024, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$157,914,771
Participants with balances1,979
Active participants1,629
Employer contributions$4,835,426
Employee contributions$8,886,585
Employer contribution per active participant$2,968
Average account balance$79,795
Benefits paid to participants$20,299,044
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$157.9M · 1,979 accts · $4.8M emplr
2023$145.7M · 2,114 accts · $5.2M emplr
2022$123.4M · 2,069 accts · $5.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$283,285
Total administrative$283,285
The Douglas Dynamics, L.L.C. 401(k) match · 2024
Employer contribution per active participant$2,968
Median for plans this size$3,635
2024$2,968 per active participant
2023$2,887 per active participant
2022$2,895 per active participant

Douglas Dynamics, L.L.C.'s 2024 employer contribution ran below the $3,635 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$283,284
SPECIALIZED RETIREMENT CONSULTANTS · Investment advisory (plan)indirect comp
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$283,285 · 0.19%
2023$264,113 · 0.20%
2022$262,574 · 0.20%
Same employer
Similar plansManufacturing · Wisconsin
Plastic Ingenuity, Inc. WI$178.2M · 0.13%
Douglas Dynamics, L.L.C. WI$177.8M · 0.17%
Discovery Energy LLC WI$177.6M · 0.10%
Enerpac Tool Group Corp WI$149.2M · 0.04%
Ariens Company WI$141.1M · 0.04%
Brakebush Brothers, Inc. WI$134.7M · 0.25%
Standard Process Inc. WI$131.0M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421623692 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.