What are the fees in the Dreisilker Electric Motor, Inc. 401(k) plan?

For plan year 2022, Dreisilker Electric Motor, Inc. reported $61,841 in plan administrative expenses, or 0.45% of average plan assets — higher than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Dreisilker Electric Motor, Inc. 401(k)?

The average participant account balance was $144,244 for plan year 2022, based on 82 accounts.

Dreisilker Electric Motor, Inc.401(k)

Name: Dreisilker Electric Motor, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

DREISILKER ELECTRIC MOTOR, INC. 401(K) & PROFIT SHARING PLAN · GLEN ELLYN, IL · plan year 2022

Reported admin expense ratio · 2022

0.45%

Dreisilker Electric Motor, Inc. reported $61,841 in plan administrative expenses for 2022: 0.45% of average plan assets, higher than ~75% of peers. 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Illinois (2,240th of 3,702), and 2,695th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$11,827,997
Participants with balances82
Active participants69
Employer contributions—
Employee contributions$448,519
Employer contribution per active participant—
Average account balance$144,244
Benefits paid to participants$2,040,377
Plan auditUnmodified (clean) audit opinion
AuditorSAMUEL CUTRARA

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$19,684

Investment management$42,157

Total administrative$61,841

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$61,841 · 0.45%

Similar plansWholesale Trade · Illinois
Phusion Projects, LLC IL$12.4M · 0.49%
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Lawrence Screw Products, Inc. IL$12.0M · 0.10%
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Bill Doran LLC IL$10.8M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362335848 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.