Plan Ledger DOL Form 5500 · updated monthly

Dowco, Inc.401(k)

DOWCO, INC. 401(K) SAVINGS PLAN · MANITOWOC, WI · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

Dowco, Inc. reported $918 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,190 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 0.022% to 0.024%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,538th of 1,936), and 10,672nd of 13,661 in manufacturing. In 2023, employees put in $2.82 for every $1.00 the employer contributed; active participation has shrunk from 149 to 105 since 2022.

Plan summary
Net assets, end of year$6,010,798
Participants with balances205
Active participants105
Employer contributions$124,919
Employee contributions$352,670
Employer contribution per active participant$1,190
Average account balance$29,321
Benefits paid to participants$611,684
Plan auditUnmodified (clean) audit opinion
AuditorCLA (CLIFTONLARSONALLEN LLP)
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 166 accts · $69K emplr
2023$6.0M · 205 accts · $125K emplr
2022$5.3M · 203 accts · $133K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$918
Total administrative$918
The Dowco, Inc. 401(k) match · 2023
Employer contribution per active participant$1,190
Median for plans this size$1,308
2024$746 per active participant
2023$1,190 per active participant
2022$891 per active participant

Dowco, Inc.'s 2023 employer contribution ran below 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
JPMORGAN INVEST HOLDINGS LLC$918

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$1,325 · 0.02%
2023$918 · 0.02%
2022$1,304 · 0.02%
Same employer
Similar plansManufacturing · Wisconsin
Psco Kieffer, Inc. WI$6.3M · 0.54%
Ardisam, Inc. WI$6.1M · 0.79%
Badger Alloys, Inc. WI$5.9M · 0.14%
Specialized Products, LTD WI$5.9M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391211913 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.