Plan Ledger DOL Form 5500 · updated monthly

The Dotson Company, Inc.401(k)

THE DOTSON COMPANY, INC. 401(K) RETIREMENT PLAN · MANKATO, MN · plan year 2022

Reported admin expense ratio · 2022
0.29%

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

The Dotson Company, Inc. reported $41,413 in plan administrative expenses for 2022: 0.29% of average plan assets, above the peer median. Employer contributions averaged $2,118 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 manufacturing employers. By assets it is among the smaller plans on file in Minnesota (1,171st of 1,918), and 7,861st of 13,661 in manufacturing. In 2022, employees put in $2.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,532,076
Participants with balances199
Active participants124
Employer contributions$262,660
Employee contributions$667,827
Employer contribution per active participant$2,118
Average account balance$62,975
Benefits paid to participants$1,138,046
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $169K emplr
2022$12.5M · 199 accts · $263K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$12,550
Investment management$28,863
Total administrative$41,413
The The Dotson Company, Inc. 401(k) match · 2022
Employer contribution per active participant$2,118
Median for plans this size$2,266

The Dotson Company, 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 history2
2023Not separately reported
2022$41,413 · 0.29%
Same employer
Similar plansManufacturing · Minnesota
Gls Industries, Inc. MN$12.8M · 0.38%
Umi Company, Inc. MN$12.7M · 0.06%
Sico America, Inc. MN$12.7M · 0.25%
Northern Contours, Inc. MN$12.6M · 0.67%
Arrow Finishing, Inc MN$12.3M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410380160 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.