Plan Ledger DOL Form 5500 · updated monthly

Dovedale Sales Corp.401(k)

DOVEDALE SALES CORP. 401(K) PLAN · COMMACK, NY · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Dovedale Sales Corp. reported $51,085 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,478 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 0.39% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in New York (2,854th of 5,648), and the 801st of 2,096 in real estate & leasing. In 2024, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,039,776
Participants with balances243
Active participants258
Employer contributions$639,305
Employee contributions$1,033,578
Employer contribution per active participant$2,478
Average account balance$66,007
Benefits paid to participants$972,381
Plan auditUnmodified (clean) audit opinion
AuditorCITRIN COOPERMAN & COMPANY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$16.0M · 243 accts · $639K emplr
2023$13.7M · 242 accts · $507K emplr
2022$11.3M · 249 accts · $308K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,085
Total administrative$51,085
The Dovedale Sales Corp. 401(k) match · 2024
Employer contribution per active participant$2,478
Median for plans this size$2,416
2024$2,478 per active participant
2023$1,749 per active participant
2022$1,287 per active participant

Dovedale Sales Corp.'s 2024 employer contribution ran above the $2,416 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$51,085
FEDERATED SECURITIES, INC. · Other servicesindirect 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$51,085 · 0.34%
2023$67,534 · 0.54%
2022$47,115 · 0.39%
Same employer
Similar plansReal Estate & Leasing · New York
Rotterdam Ventures, Inc. NY$17.2M · 0.34%
Fsc Realty Management LLC NY$16.4M · 0.25%
Jrd Maxx Properties NY$16.2M · 0.24%
Muss Development, LLC NY$16.1M · 0.15%
Dlc Management Corporation NY$14.6M · 0.26%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 112106551 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.