Plan Ledger DOL Form 5500 · updated monthly

Dykema Gossett PLLC401(k)

DYKEMA GOSSETT PLLC SAVINGS AND INVESTMENT PLAN · DETROIT, MI · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Dykema Gossett PLLC reported $166,177 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $8,503 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 0.046% to 0.050%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 92nd-largest of 2,619 plans among Michigan employers on file, and the 491st of 11,654 in professional & technical services. In 2024, employees put in $1.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$345,602,741
Participants with balances1,124
Active participants763
Employer contributions$6,487,510
Employee contributions$8,746,545
Employer contribution per active participant$8,503
Average account balance$307,476
Benefits paid to participants$35,623,733
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$345.6M · 1,124 accts · $6.5M emplr
2023$314.7M · 1,100 accts · $6.4M emplr
2022$275.3M · 1,113 accts · $6.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,528
Audit (IQPA)$14,000
Total administrative$166,177
The Dykema Gossett PLLC 401(k) match · 2024
Employer contribution per active participant$8,503
Median for plans this size$4,294
2024$8,503 per active participant
2023$8,790 per active participant
2022$8,761 per active participant

Dykema Gossett PLLC's 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top 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 · 20244
MERCER INVESTMENT MANAGEMENT, INC. · Consulting$56,114
PLANTE & MORAN, PLLC · Accounting / audit$14,000
OCTOBER THREE CONSULTING LLC · Consulting$12,535
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$166,177 · 0.05%
2023$149,688 · 0.05%
2022$141,910 · 0.05%
Same employer
Similar plansProfessional & Technical Services · Michigan
P & M Holding Group, LLP MI$747.5M · 0.05%
Project Worldwide, Inc. MI$439.1M · 0.02%
Honigman LLP MI$401.5M · 0.05%
Smithgroup Companies, Inc. MI$335.3M · 0.15%
Clark Hill PLC MI$318.2M · 0.06%
Dickinson Wright PLLC MI$304.9M · 0.07%
Uhy Advisors, Inc. MI$285.1M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 381446628 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.