Plan Ledger DOL Form 5500 · updated monthly

Dynamic Engineering Consultants401(k)

DYNAMIC ENGINEERING CONSULTANTS 401(K) P/S PLAN · LAKE COMO, NJ · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Dynamic Engineering Consultants reported $93,600 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $3,108 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 0.21% to 0.41%. 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 the 918th-largest of 2,419 plans among New Jersey employers on file, and the 4,685th of 11,654 in professional & technical services. In 2024, employees put in $2.40 for every $1.00 the employer contributed; active participation has grown from 284 to 349 since 2022.

Plan summary
Net assets, end of year$25,525,529
Participants with balances430
Active participants349
Employer contributions$1,084,798
Employee contributions$2,599,520
Employer contribution per active participant$3,108
Average account balance$59,362
Benefits paid to participants$1,275,094
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.5M · 430 accts · $1.1M emplr
2023$19.8M · 389 accts · $966K emplr
2022$13.6M · 286 accts · $391K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,290
Investment management$10,965
Total administrative$93,600
The Dynamic Engineering Consultants 401(k) match · 2024
Employer contribution per active participant$3,108
Median for plans this size$2,416
2024$3,108 per active participant
2023$2,668 per active participant
2022$1,376 per active participant

Dynamic Engineering Consultants's 2024 employer contribution ran above 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 · 20242
CAPFINANCIAL PARTNERS, LLC$56,188

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$93,600 · 0.41%
2023$65,285 · 0.39%
2022$30,070 · 0.21%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Thomas Scientific, LLC NJ$26.7M · 0.54%
Radware Inc NJ$25.6M · 0.12%
Iveric Bio NJ$25.4M · 0.24%
Hovione LLC NJ$25.1M · 0.30%
Theradex Systems, Inc. NJ$24.9M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 571200524 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.