Plan Ledger DOL Form 5500 · updated monthly

Dwyer Franchising LLC401(k)

NEIGHBORLY 401(K) PROFIT SHARING PLAN · WACO, TX · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Dwyer Franchising LLC reported $168,860 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,801 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 fell from 0.32% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 824th-largest of 5,688 plans among Texas employers on file, and the 183rd of 2,096 in real estate & leasing. In 2024, employees put in $3.09 for every $1.00 the employer contributed; active participation has grown from 1,124 to 1,582 since 2022.

Plan summary
Net assets, end of year$71,824,907
Participants with balances1,825
Active participants1,582
Employer contributions$2,848,669
Employee contributions$8,790,341
Employer contribution per active participant$1,801
Average account balance$39,356
Benefits paid to participants$7,872,679
Plan auditUnmodified (clean) audit opinion
AuditorPATTILLO BROWN & HILL
Plan history3
Yearassets · accounts · employer contribution
2024$71.8M · 1,825 accts · $2.8M emplr
2023$58.0M · 2,091 accts · $2.2M emplr
2022$42.9M · 1,319 accts · $3.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,275
Investment management$95,585
Total administrative$168,860
The Dwyer Franchising LLC 401(k) match · 2024
Employer contribution per active participant$1,801
Median for plans this size$3,635
2024$1,801 per active participant
2023$1,412 per active participant
2022$3,442 per active participant

Dwyer Franchising LLC's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
DISCIPLINED INVESTORS LLC · Investment advisory (plan)$95,585

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$168,860 · 0.26%
2023$130,758 · 0.26%
2022$141,446 · 0.32%
Same employer
Similar plansReal Estate & Leasing · Texas
Lgi Homes, Inc. TX$91.0M · 0.24%
Stream Realty Partners TX$73.2M · 0.40%
Rpm Living, LLC TX$64.4M · 0.80%
Rockpoint Management, LLC TX$60.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730941783 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.