Dolese Bros. Co. 401(k) Review & Grade
Dolese Bros. Co. 401(k) Employees Savings Incentive Plan
Oklahoma City, OKManufacturing1,020 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,961Employer $ per active participant
$4,992Employee $ saved per active participant
0.14%Direct admin cost, % of plan assets
$83.6MNet plan assets, end of year
$68,608Average balance per account
Score breakdown
- Employer generosity21.2 / 5042th percentile for employer $ per participant
- Low cost16.4 / 2566th percentile for low admin cost vs. same-size plans
- Employee saving7.7 / 1551th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score55 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 42th |
| Lower admin cost | 66th |
| Employee saving | 51th |
| 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
- Dolese Bros. put in about $1,961 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.
- 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.
- 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 | $2,001,684 |
| Participant (employee) contributions | $5,093,902 |
| Other contributions (incl. rollovers in) | $233,963 |
| Administrative expenses paid from the plan | $110,295 |
| Contract administrator fees | $110,295 |
| Benefits paid out | $10,731,113 |
| Net assets, start / end of year | $76.3M / $83.6M |
| Active participants, start / end of year | 973 / 1,068 |
| Participants with account balances | 1,218 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Finely & Cook Cpas |
Largest service providers (Schedule C)
| Milliman | $110,295 reported compensation |
| Charles Schwab Trust Bank | $15,275 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251002112450NAL0000374401001, received 2025-10-02, EIN 73-1359190, plan #006, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.