Dodson Brothers Exterminating Co., Inc. 401(k) Review & Grade
Dodson Brothers Exterminating Company, Inc. Profit Sharing 401(k) Plan
Lynchburg, VAAdministrative, Support & Staffing Services594 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$421Employer $ per active participant
$1,307Employee $ saved per active participant
0.48%Direct admin cost, % of plan assets
$16.9MNet plan assets, end of year
$33,478Average balance per account
Score breakdown
- Employer generosity20.1 / 5040th percentile for employer $ per participant
- Low cost6.1 / 2524th percentile for low admin cost vs. same-size plans
- Employee saving6.0 / 1540th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score32 / 100 · Grade D
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 500–2,499 active participants (401 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 40th |
| Lower admin cost | 24th |
| Employee saving | 40th |
| Peers that auto-enroll | 27% |
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Red flags from the filing
Corrective distributions: the plan refunded $25,548 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Dodson Brothers Exterminating Co. put in about $421 per active participant, below the typical peer ($712). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- Direct plan expenses (0.48% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $250,000 |
| Participant (employee) contributions | $776,320 |
| Other contributions (incl. rollovers in) | $15,071 |
| Administrative expenses paid from the plan | $78,259 |
| Contract administrator fees | $78,259 |
| Benefits paid out | $1,591,815 |
| Net assets, start / end of year | $15.6M / $16.9M |
| Active participants, start / end of year | 558 / 630 |
| Participants with account balances | 506 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Davidson, Doyle & Hilton LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $78,259 reported compensation |
| Wilshire Advisors LLC | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251003105529NAL0001287841001, received 2025-10-03, EIN 54-0624996, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.