Dtlr, Inc. 401(k) Review & Grade
Dtlr, Inc. 401(k) Profit Sharing Plan
Hanover, MDRetail Trade2,686 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$209Employer $ per active participant
$362Employee $ saved per active participant
0.90%Direct admin cost, % of plan assets
$14.6MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity8.0 / 5016th percentile for employer $ per participant
- Low cost1.4 / 255th percentile for low admin cost vs. same-size plans
- Employee saving0.3 / 152th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score13 / 100 · Grade F
This plan vs. peers
Peers: Retail Trade plans with 2,500–9,999 active participants (183 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 16th |
| Lower admin cost | 5th |
| Employee saving | 2th |
| Peers that auto-enroll | 42% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
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
- Dtlr put in about $209 per active participant, below the typical peer ($650). 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 (0.90% of assets) are well above similar-size plans (0.12%). 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 | $560,643 |
| Participant (employee) contributions | $972,576 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $130,680 |
| Contract administrator fees | $129,052 |
| Investment advisory & management fees | $1,628 |
| Benefits paid out | $3,056,493 |
| Net assets, start / end of year | $14.5M / $14.6M |
| Active participants, start / end of year | 1,978 / 3,394 |
| Participants with account balances | 329 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cliftonlarsonallen LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $25,936 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015081336NAL0004317617001, received 2025-10-15, EIN 52-1291220, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.