Plan Ledger DOL Form 5500 · updated monthly

Mark Dunning Industries, Inc.401(k)

MARK DUNNING INDUSTRIES, INC. 401(K) PLAN · DOTHAN, AL · plan year 2022

Reported admin expense ratio · 2022
0.06%

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

Mark Dunning Industries, Inc. reported $1,157 in plan administrative expenses for 2022: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $230 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Alabama (802nd of 902), and 1,944th of 2,534 in administrative & support services. In 2022, employees put in $6.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,965,733
Participants with balances69
Active participants152
Employer contributions$35,007
Employee contributions$222,091
Employer contribution per active participant$230
Average account balance$28,489
Benefits paid to participants$137,393
Plan auditUnmodified (clean) audit opinion
AuditorJACKSON THORNTON
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$275
Professional / advisory$882
Total administrative$1,157
The Mark Dunning Industries, Inc. 401(k) match · 2022
Employer contribution per active participant$230
Median for plans this size$1,114

Mark Dunning Industries, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,157 · 0.06%
Similar plansAdministrative & Support Services · Alabama
Redtown, LLC AL$3.4M · 0.85%
Pbs Peo Services, LLC AL$2.4M · 1.87%
Dothan Security, Inc. AL$2.2M · 2.14%
Itac Solutions AL$1.3M · 0.03%
Tpg Telemanagement, Inc AL$800K · 2.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630795583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.