Dunham's Athleisure Corporation 401(k) Review & Grade
Dunham's Athleisure Corporation 401(k) Savings & Retirement Plan
Troy, MIRetail Trade2,072 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$18Employer $ per active participant
$796Employee $ saved per active participant
0.36%Direct admin cost, % of plan assets
$30.9MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity3.3 / 507th percentile for employer $ per participant
- Low cost8.6 / 2534th percentile for low admin cost vs. same-size plans
- Employee saving1.7 / 1511th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score17 / 100 · Grade F
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 7th |
| Lower admin cost | 34th |
| Employee saving | 11th |
| Peers that auto-enroll | 48% |
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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
- Dunham's Athleisure put in about $18 per active participant, below the typical peer ($743). 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 (0.36% 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 | $37,415 |
| Participant (employee) contributions | $1,648,442 |
| Other contributions (incl. rollovers in) | $249,934 |
| Administrative expenses paid from the plan | $103,318 |
| Benefits paid out | $2,361,997 |
| Net assets, start / end of year | $26.8M / $30.9M |
| Active participants, start / end of year | 2,180 / 1,963 |
| Participants with account balances | 588 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Yeo & Yeo |
Largest service providers (Schedule C)
| John Hancock New York | $97,552 reported compensation |
| Millineum Investment & Retirement a | $5,766 reported compensation |
| Wilshire | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251113154816NAL0002694672001, received 2025-11-13, EIN 06-1125989, plan #003, plan year 2024-02-01 to 2025-01-31. Verify at efast.dol.gov.