Dickinson Wright PLLC 401(k) Review & Grade
Dickinson Wright PLLC Retirement and 401k Savings
Troy, MIProfessional, Scientific & Technical Services846 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$13,285Employer $ per active participant
$11,862Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$304.9MNet plan assets, end of year
$280,481Average balance per account
Score breakdown
- Employer generosity47.8 / 5096th percentile for employer $ per participant
- Low cost20.7 / 2583th percentile for low admin cost vs. same-size plans
- Employee saving10.9 / 1573th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score79 / 100 · Grade A
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 96th |
| Lower admin cost | 83th |
| Employee saving | 73th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Dickinson Wright PLLC put in about $13,285 per active participant, more than the typical peer ($3,082). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $11,239,312 |
| Participant (employee) contributions | $10,035,537 |
| Other contributions (incl. rollovers in) | $2,471,272 |
| Administrative expenses paid from the plan | $189,834 |
| Investment advisory & management fees | $104,334 |
| Benefits paid out | $24,324,595 |
| Net assets, start / end of year | $273.9M / $304.9M |
| Active participants, start / end of year | 822 / 870 |
| Participants with account balances | 1,087 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Maner Costerisan |
Largest service providers (Schedule C)
| Empower Annuity Insurance Co. | $68,700 reported compensation |
| Capfinancial Partners LLC | $67,239 reported compensation |
| Empower Advisory Group LLC | $34,395 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010090635NAL0004448083004, received 2025-10-10, EIN 38-1364333, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.