Plan Ledger DOL Form 5500 · updated monthly

Dykema Excavators, Inc.401(k)

DE/GRG/COIT 401(K) RETIREMENT PLAN · GRAND RAPIDS, MI · plan year 2022

Reported admin expense ratio · 2022
0.31%

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

Dykema Excavators, Inc. reported $32,023 in plan administrative expenses for 2022: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1,430 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Michigan (1,537th of 2,619), and 3,086th of 5,337 in construction. In 2022, employees put in $2.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,072,573
Participants with balances95
Active participants113
Employer contributions$161,609
Employee contributions$381,837
Employer contribution per active participant$1,430
Average account balance$106,027
Benefits paid to participants$576,711
Plan auditUnmodified (clean) audit opinion
AuditorVANDERPLOEG BERGAKKER & ASSOCIATES
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$32,023
Total administrative$32,023
The Dykema Excavators, Inc. 401(k) match · 2022
Employer contribution per active participant$1,430
Median for plans this size$2,266

Dykema Excavators, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$32,023 · 0.31%
Similar plansConstruction · Michigan
R.W. Mercer Company MI$11.2M · 0.20%
Dood Enterprises MI$11.1M · 0.64%
The Colasanti Group, Inc. MI$10.6M · 0.23%
Sherriff-Goslin Company MI$10.2M · 0.81%
Davis Construction, Inc. MI$8.7M · 0.39%
Pamar Enterprises, Inc. MI$8.4M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381351331 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.