Dreyer's Grand Ice Cream, Inc. 401(k) Review & Grade
Dreyer's Savings Plan
Walnut Creek, CAManufacturing2,889 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$8,351Employer $ per active participant
$5,071Employee $ saved per active participant
0.26%Direct admin cost, % of plan assets
$202.0MNet plan assets, end of year
$60,692Average balance per account
Score breakdown
- Employer generosity45.0 / 5090th percentile for employer $ per participant
- Low cost6.6 / 2526th percentile for low admin cost vs. same-size plans
- Employee saving5.5 / 1537th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score67 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 90th |
| Lower admin cost | 26th |
| Employee saving | 37th |
| Peers that auto-enroll | 70% |
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
- Dreyer's Grand Ice Cream put in about $8,351 per active participant, more than the typical peer ($3,452). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 (0.26% 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.
- 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 | $24,126,429 |
| Participant (employee) contributions | $14,651,235 |
| Other contributions (incl. rollovers in) | $1,722,139 |
| Administrative expenses paid from the plan | $484,572 |
| Contract administrator fees | $82,700 |
| Investment advisory & management fees | $108,211 |
| Benefits paid out | $23,338,517 |
| Net assets, start / end of year | $164.0M / $202.0M |
| Active participants, start / end of year | 2,921 / 2,857 |
| Participants with account balances | 3,329 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Smith + Howard |
Largest service providers (Schedule C)
| Voya Institutional Plan Services LL | $417,619 reported compensation |
| Voya Retirement Advisors LLC | $108,211 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013113339NAL0000541299001, received 2025-10-13, EIN 94-2967523, plan #004, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.