Plan Ledger DOL Form 5500 · updated monthly

Dutch-American Foods, Inc.401(k)

DUTCH-AMERICAN FOODS, INC. 401(K) PLAN · BEECHER, IL · plan year 2023

Reported admin expense ratio · 2023
0.49%

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

Dutch-American Foods, Inc. reported $42,153 in plan administrative expenses for 2023: 0.49% of average plan assets, below the peer median. Employer contributions averaged $1,787 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 has held roughly steady near 0.49%. 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 Illinois (2,396th of 3,702), and 8,851st of 13,661 in manufacturing. In 2023, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,869,275
Participants with balances205
Active participants209
Employer contributions$373,531
Employee contributions$565,853
Employer contribution per active participant$1,787
Average account balance$48,143
Benefits paid to participants$286,595
Plan auditUnmodified (clean) audit opinion
AuditorKAPTEIN, DYKSTRA, & COMPANY, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$9.9M · 205 accts · $374K emplr
2022$7.4M · 206 accts · $351K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$27,257
Audit (IQPA)$10,500
Trustee / custodial$4,396
Total administrative$42,153
The Dutch-American Foods, Inc. 401(k) match · 2023
Employer contribution per active participant$1,787
Median for plans this size$1,308
2023$1,787 per active participant
2022$1,688 per active participant

Dutch-American Foods, Inc.'s 2023 employer contribution ran above 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 · 20232
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$27,257
KAPTEIN, DYKSTRA & COMPANY, PC · Accounting / audit$10,500

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$42,153 · 0.49%
2022$35,802 · 0.51%
Same employer
Similar plansManufacturing · Illinois
Ghp Group, Inc. IL$10.1M · 0.13%
U.S. Hose Corp. IL$10.0M · 0.10%
Norix Group, Inc. IL$10.0M · 0.49%
Qcc, LLC IL$10.0M · 0.37%
Ace Metal Crafts Co. IL$9.8M · 0.26%
Custom Plastics, Inc. IL$9.8M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363990078 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.