Plan Ledger DOL Form 5500 · updated monthly

Dwellworks, LLC401(k)

DWELLWORKS, LLC 401(K) PLAN · CLEVELAND, 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

Dwellworks, LLC reported $37,160 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,840 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 0.06% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Ohio (1,869th of 3,295), and 7,555th of 11,654 in professional & technical services. In 2024, employees put in $4.48 for every $1.00 the employer contributed; active participation has shrunk from 139 to 111 since 2022.

Plan summary
Net assets, end of year$11,451,022
Participants with balances152
Active participants111
Employer contributions$204,273
Employee contributions$916,126
Employer contribution per active participant$1,840
Average account balance$75,336
Benefits paid to participants$1,993,064
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 152 accts · $204K emplr
2023$10.9M · 164 accts · $214K emplr
2022$9.7M · 167 accts · $221K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,691
Investment management$16,469
Total administrative$37,160
The Dwellworks, LLC 401(k) match · 2024
Employer contribution per active participant$1,840
Median for plans this size$2,416
2024$1,840 per active participant
2023$1,674 per active participant
2022$1,592 per active participant

Dwellworks, LLC'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$18,241
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$14,018
MORGAN STANLEY SMITH BARNEYindirect comp

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

Administrative cost history3
2024$37,160 · 0.33%
2023$4,831 · 0.05%
2022$6,506 · 0.06%
Same employer
Similar plansProfessional & Technical Services · Ohio
Bodine Perry, LLC OH$11.5M · 0.41%
Unicon International, Inc. OH$11.2M · 0.20%
Roosters, Inc. dba Roosters OH$11.1M · 0.32%
Cdo Technologies OH$11.1M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208959589 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.