Dytech Auto Group, Inc. 401(k) Review & Grade
Dykstras Auto 401(k) Plan
Grand Rapids, MIOther Services774 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,202Employer $ per active participant
$2,357Employee $ saved per active participant
0.59%Direct admin cost, % of plan assets
$10.4MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity24.1 / 5048th percentile for employer $ per participant
- Low cost4.5 / 2518th percentile for low admin cost vs. same-size plans
- Employee saving6.9 / 1546th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score39 / 100 · Grade D
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 48th |
| Lower admin cost | 18th |
| Employee saving | 46th |
| Peers that auto-enroll | 40% |
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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
- Dytech Auto Group put in about $1,202 per active participant, below the typical peer ($1,257). 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 (0.59% 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 | $931,025 |
| Participant (employee) contributions | $1,825,382 |
| Other contributions (incl. rollovers in) | $650,995 |
| Administrative expenses paid from the plan | $50,445 |
| Contract administrator fees | $11,105 |
| Investment advisory & management fees | $39,340 |
| Benefits paid out | $658,916 |
| Net assets, start / end of year | $6.8M / $10.4M |
| Active participants, start / end of year | 786 / 763 |
| Participants with account balances | 365 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cbiz Cpas, P.C. |
Largest service providers (Schedule C)
| Northwestern Mutual Wealth MGT | $39,340 reported compensation |
| Stancorp Financial Group | $33,879 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013105658NAL0000513251001, received 2025-10-13, EIN 85-4222439, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.