Plan Ledger DOL Form 5500 · updated monthly

Dp Fox Holdings, LLC401(k)

DP FOX HOLDINGS 401(K) PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Dp Fox Holdings, LLC reported $363,740 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,458 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 0.33% to 0.35%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 256th-largest of 2,619 plans among Michigan employers on file, and the 915th of 4,798 in finance & insurance. In 2024, employees put in $4.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$112,868,551
Participants with balances2,094
Active participants1,813
Employer contributions$2,643,442
Employee contributions$11,668,501
Employer contribution per active participant$1,458
Average account balance$53,901
Benefits paid to participants$11,535,226
Plan auditUnmodified (clean) audit opinion
AuditorMONROE SWEERIS & TROMP PLC
Plan history3
Yearassets · accounts · employer contribution
2024$112.9M · 2,094 accts · $2.6M emplr
2023$96.2M · 2,110 accts · $2.3M emplr
2022$69.6M · 1,768 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$217,050
Investment management$136,890
Audit (IQPA)$9,800
Total administrative$363,740
The Dp Fox Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$1,458
Median for plans this size$3,635
2024$1,458 per active participant
2023$1,151 per active participant
2022$1,118 per active participant

Dp Fox Holdings, LLC's 2024 employer contribution ran below the $3,635 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
JOHN HANCOCK · Recordkeeping · Investment management$235,029
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$118,911
MONROE, SWEERIS & TROMP P. L. C. · Accounting / audit$9,800

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$363,740 · 0.35%
2023$276,608 · 0.33%
2022$232,382 · 0.33%
Same employer
Similar plansFinance & Insurance · Michigan
Dfcu Financial MI$130.7M · 0.02%
Mercantile Bank MI$125.0M · 0.27%
Aaa Life Insurance Company MI$98.5M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383154669 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.