Plan Ledger DOL Form 5500 · updated monthly

Dummen NA, Inc.401(k)

DUMMEN NA, INC. 401K RETIREMENT PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Dummen NA, Inc. reported $73,829 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $2,223 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 0.17% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,196th-largest of 3,295 plans among Ohio employers on file, and the 1,681st of 4,246 in wholesale trade. In 2024, employees put in $2.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,157,769
Participants with balances230
Active participants265
Employer contributions$589,155
Employee contributions$1,355,488
Employer contribution per active participant$2,223
Average account balance$100,686
Benefits paid to participants$3,641,047
Plan auditUnmodified (clean) audit opinion
AuditorCITRIN COOPERMAN & CO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$23.2M · 230 accts · $589K emplr
2023$21.5M · 238 accts · $592K emplr
2022$17.8M · 268 accts · $574K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,824
Investment management$69,005
Total administrative$73,829
The Dummen NA, Inc. 401(k) match · 2024
Employer contribution per active participant$2,223
Median for plans this size$2,416
2024$2,223 per active participant
2023$2,285 per active participant
2022$2,141 per active participant

Dummen NA, Inc.'s 2024 employer contribution ran below 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
RETIREMENT PLANS, INC. · Recordkeeping · Pension consulting$69,004
ADP, INC. · Loan processing · Recordkeeping$4,824
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, RETIREMENT PLANS, INC.
2023ADP, RETIREMENT PLANS, INC.

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Administrative cost history3
2024$73,829 · 0.33%
2023$36,049 · 0.18%
2022$34,274 · 0.17%
Same employer
Similar plansWholesale Trade · Ohio
Rmg Investment Group, LLC OH$23.6M · 0.71%
The Kiemle Hankins Company OH$23.3M · 0.02%
Tpc Wire & Cable Corp. OH$23.2M · 0.34%
The Millcraft Paper Company OH$22.9M · 0.56%
The Loeb Electric Company OH$22.8M · 0.23%
Kennfeld Group LLC OH$22.7M · 0.61%
Benjamin Steel Company OH$22.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460946062 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.