Dothan Security, Inc. 401(k) Review & Grade
Dsi 401(k) Plan
Dothan, ALAdministrative, Support & Staffing Services2,720 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$22Employer $ per active participant
$182Employee $ saved per active participant
2.14%Direct admin cost, % of plan assets
$2.2MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity8.1 / 5016th percentile for employer $ per participant
- Low cost0.2 / 251th percentile for low admin cost vs. same-size plans
- Employee saving2.4 / 1516th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-3 pts1 issue reported on the filing
Total score8 / 100 · Grade F
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 2,500–9,999 active participants (125 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 16th |
| Lower admin cost | 1th |
| Employee saving | 16th |
| Peers that auto-enroll | 22% |
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Red flags from the filing
Corrective distributions: the plan refunded $12,186 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Dothan Security put in about $22 per active participant, below the typical peer ($342). 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 (2.14% 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 | $59,193 |
| Participant (employee) contributions | $495,952 |
| Other contributions (incl. rollovers in) | $81,610 |
| Administrative expenses paid from the plan | $41,942 |
| Contract administrator fees | $41,942 |
| Benefits paid out | $256,539 |
| Net assets, start / end of year | $1.7M / $2.2M |
| Active participants, start / end of year | 2,790 / 2,651 |
| Participants with account balances | 176 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Carpenter, Wiggins, Jordan, Thomas |
Largest service providers (Schedule C)
| Transamerica Life Insurance Co | $16,969 reported compensation |
| Erisa Services, Inc | $13,447 reported compensation |
| Cambridge Investment Research Advis | $11,241 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260408143440NAL0014372896001, received 2026-04-08, EIN 63-0748641, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.