Plan Ledger DOL Form 5500 · updated monthly

Dwyer Instruments, Inc.401(k)

DWYER INSTRUMENTS, INC. PROFIT SHARING AND 401(K) RETIREMENT PLAN · MICHIGAN CITY, IN · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Dwyer Instruments, Inc. reported $203,069 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,000 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 3 years on file its reported administrative ratio has held roughly steady near 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 130th-largest of 1,562 plans among Indiana employers on file, and the 1,688th of 13,661 in manufacturing. In 2024, employees put in $1.15 for every $1.00 the employer contributed; active participation has grown from 631 to 1,590 since 2022.

Plan summary
Net assets, end of year$117,574,523
Participants with balances1,424
Active participants1,590
Employer contributions$4,769,207
Employee contributions$5,496,534
Employer contribution per active participant$3,000
Average account balance$82,566
Benefits paid to participants$19,824,964
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$117.6M · 1,424 accts · $4.8M emplr
2023$50.7M · 697 accts · $2.2M emplr
2022$50.3M · 651 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,797
Investment management$19,522
Total administrative$203,069
The Dwyer Instruments, Inc. 401(k) match · 2024
Employer contribution per active participant$3,000
Median for plans this size$3,635
2024$3,000 per active participant
2023$4,309 per active participant
2022$3,007 per active participant

Dwyer Instruments, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20242
CAP FINANCIAL · Investment advisory (participants) · Investment advisory (plan)$113,272
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$89,797

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$203,069 · 0.24%
2023$133,070 · 0.26%
2022$142,398 · 0.25%
Same employer
Similar plansManufacturing · Indiana
Haynes International, Inc. IN$123.3M · 0.18%
Braun Corporation IN$122.8M · 0.17%
Hitachi Astemo Indiana, Inc. IN$120.5M · 0.22%
Ofs Brands Holdings, Inc. IN$112.8M · 0.31%
Weg Electric Corp. IN$109.6M · 0.21%
Perfection Bakeries, Inc. IN$106.2M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350961454 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.