Plan Ledger DOL Form 5500 · updated monthly

Douglas Machines Corp401(k)

DOUGLAS MACHINES CORP 401(K) PROFIT SHARING PLAN AND TRUST · CLEARWATER, FL · plan year 2023

Reported admin expense ratio · 2023
0.12%

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

Douglas Machines Corp reported $6,846 in plan administrative expenses for 2023: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,128 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 0.10% to 0.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Florida (2,261st of 3,644), and 3,440th of 4,246 in wholesale trade. In 2023, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,358,185
Participants with balances139
Active participants111
Employer contributions$236,244
Employee contributions$402,669
Employer contribution per active participant$2,128
Average account balance$45,742
Benefits paid to participants$489,576
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 98 accts · $264K emplr
2023$6.4M · 139 accts · $236K emplr
2022$5.5M · 108 accts · $207K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,846
Total administrative$6,846
The Douglas Machines Corp 401(k) match · 2023
Employer contribution per active participant$2,128
Median for plans this size$1,308
2024$2,078 per active participant
2023$2,128 per active participant
2022$1,797 per active participant

Douglas Machines Corp's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$6,846

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$10,737 · 0.18%
2023$6,846 · 0.12%
2022$5,803 · 0.10%
Same employer
Similar plansWholesale Trade · Florida
Palmdale Oil Company, LLC FL$7.1M · 0.39%
Florida Hardware LLC FL$6.5M · 0.04%
Regalo International LLC FL$6.3M · 0.27%
Wayne Densch, Inc. FL$6.2M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591906520 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.