Dee Zee Incorporated 401(k) Review & Grade
Dee Zee 401(k) Plan
Des Moines, IAManufacturing940 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$669Employer $ per active participant
$2,928Employee $ saved per active participant
0.58%Direct admin cost, % of plan assets
$27.2MNet plan assets, end of year
$24,805Average balance per account
Score breakdown
- Employer generosity4.9 / 5010th percentile for employer $ per participant
- Low cost4.7 / 2519th percentile for low admin cost vs. same-size plans
- Employee saving3.3 / 1522th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score23 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 10th |
| Lower admin cost | 19th |
| Employee saving | 22th |
| Peers that auto-enroll | 59% |
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
- Dee Zee Incorporated put in about $669 per active participant, below the typical peer ($2,320). 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 (0.58% 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $629,077 |
| Participant (employee) contributions | $2,753,784 |
| Other contributions (incl. rollovers in) | $3,178 |
| Administrative expenses paid from the plan | $146,976 |
| Investment advisory & management fees | $54,090 |
| Benefits paid out | $2,482,025 |
| Net assets, start / end of year | $23.6M / $27.2M |
| Active participants, start / end of year | 928 / 953 |
| Participants with account balances | 1,098 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | RSM US LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $92,886 reported compensation |
| Capfinancial Partners LLC DBA Captr | $36,805 reported compensation |
| Empower Advisory Group, LLC | $17,285 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013161249NAL0000818099001, received 2025-10-13, EIN 80-0171485, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.