Plan Ledger DOL Form 5500 · updated monthly

Dunafon Management, Inc.401(k)

DUNAFON GROUP 401(K) PLAN · COLUMBIA, MO · plan year 2023

Reported admin expense ratio · 2023
1.12%

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

Dunafon Management, Inc. reported $23,325 in plan administrative expenses for 2023: 1.12% of average plan assets, higher than ~75% of peers. Employer contributions averaged $500 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 1 year on file its reported administrative ratio rose from 0.82% to 1.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Missouri (1,239th of 1,393), and 1,372nd of 2,240 in accommodation & food services. In 2023, employees put in $1.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,247,368
Participants with balances96
Active participants67
Employer contributions$33,511
Employee contributions$64,611
Employer contribution per active participant$500
Average account balance$23,410
Benefits paid to participants$24,194
Plan auditUnmodified (clean) audit opinion
AuditorWILLIAMS-KEEPERS LLC
Plan history2
Yearassets · accounts · employer contribution
2023$2.2M · 96 accts · $34K emplr
2022$1.9M · 102 accts · $29K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$16,313
Investment management$7,012
Total administrative$23,325
The Dunafon Management, Inc. 401(k) match · 2023
Employer contribution per active participant$500
Median for plans this size$1,308
2023$500 per active participant
2022$520 per active participant

Dunafon Management, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
WR WEALTH PLANNERS LLC · Investment advisory (plan)$7,012

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

Administrative cost history2
2023$23,325 · 1.12%
2022$17,330 · 0.82%
Similar plansAccommodation & Food Services · Missouri
Lc Corporate, LLC MO$2.7M · 0.02%
Imo's Holding Company MO$2.7M · 0.10%
Hawaiian Bros Inc. MO$2.5M · 0.89%
Noble Hospitality, Inc MO$2.4M · 0.75%
Marshalls, Inc. MO$2.2M · 1.58%
Bandanas Missouri, L.L.C. MO$2.2M · 0.84%
Four Seasons Group, Inc. MO$2.1M · 1.10%
Fresh Force, LLC MO$1.7M · 1.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431563054 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.