Plan Ledger DOL Form 5500 · updated monthly

Dynamic Industrial Group, LLC401(k)

DYNAMIC INDUSTRIAL GROUP 401(K) PLAN · ELKHART, IN · plan year 2023

Reported admin expense ratio · 2023
0.93%

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

Dynamic Industrial Group, LLC reported $45,581 in plan administrative expenses for 2023: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $623 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 1 year on file its reported administrative ratio rose from 0.66% to 0.93%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,161st of 1,562), and 11,086th of 13,661 in manufacturing. In 2023, employees put in $3.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,219,804
Participants with balances164
Active participants341
Employer contributions$212,428
Employee contributions$657,772
Employer contribution per active participant$623
Average account balance$31,828
Benefits paid to participants$830,907
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$5.2M · 164 accts · $212K emplr
2022$4.6M · 200 accts · $201K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$32,470
Investment management$13,111
Total administrative$45,581
The Dynamic Industrial Group, LLC 401(k) match · 2023
Employer contribution per active participant$623
Median for plans this size$1,308
2023$623 per active participant
2022$591 per active participant

Dynamic Industrial Group, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ADP, INC. · Loan processing · Recordkeeping$32,470
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$13,111
ADP BROKER-DEALERindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$45,581 · 0.93%
2022$31,898 · 0.66%
Similar plansManufacturing · Indiana
Gdc, Inc. IN$5.4M · 0.50%
Fronius USA, LLC IN$5.4M · 0.90%
B & J Specialty, Inc. IN$5.4M · 0.63%
Dalton Corporation IN$5.3M · 0.11%
Standard Locknut, LLC IN$5.2M · 0.62%
Tmf Center Inc IN$5.2M · 0.67%
Sunright America, Inc. IN$5.1M · 0.73%
Nukemed Inc. IN$5.0M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260733383 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.