Plan Ledger DOL Form 5500 · updated monthly

D P Preiss Company Inc401(k)

D P PREISS COMPANY INC 401K PROFIT SHARING PLAN & TRUST · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.47%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

D P Preiss Company Inc reported $63,838 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,687 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.61% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 880th-largest of 2,005 plans among North Carolina employers on file, and the 845th of 2,096 in real estate & leasing. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has grown from 299 to 373 since 2022.

Plan summary
Net assets, end of year$14,997,353
Participants with balances189
Active participants373
Employer contributions$629,412
Employee contributions$1,119,478
Employer contribution per active participant$1,687
Average account balance$79,351
Benefits paid to participants$488,927
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 189 accts · $629K emplr
2023$12.2M · 186 accts · $557K emplr
2022$9.4M · 178 accts · $520K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,870
Investment management$17,968
Total administrative$63,838
The D P Preiss Company Inc 401(k) match · 2024
Employer contribution per active participant$1,687
Median for plans this size$2,416
2024$1,687 per active participant
2023$1,697 per active participant
2022$1,738 per active participant

D P Preiss Company Inc's 2024 employer contribution ran below the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
JOHN HANCOCK · Recordkeeping · Investment management$3,770
RMR WEALTH BUILDERS · Investment advisory (participants)$13,443

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$63,838 · 0.47%
2023$69,916 · 0.65%
2022$58,702 · 0.61%
Same employer
Similar plansReal Estate & Leasing · North Carolina
Grubb Management, LLC NC$21.9M · 0.37%
Allen Tate Real Estate, LLC NC$17.3M · 0.55%
Trinity Partners, LLC NC$14.6M · 0.52%
Nwr Services, LLC NC$14.4M · 0.16%
Gingko Residential LLC NC$14.0M · 0.41%
Kane Realty Corporation NC$13.8M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561583525 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.