Plan Ledger DOL Form 5500 · updated monthly

Daedong-Usa, Inc.401(k)

DAEDONG-USA, INC. 401(K) PLAN · WENDELL, NC · plan year 2025

Reported admin expense ratio · 2025
0.10%

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

Daedong-Usa, Inc. reported $11,704 in plan administrative expenses for 2025: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,171 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 3 years on file its reported administrative ratio rose from 0.05% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in North Carolina (1,010th of 2,005), and 2,682nd of 4,246 in wholesale trade. In 2025, employees put in $2.00 for every $1.00 the employer contributed; active participation has grown from 156 to 225 since 2022.

Plan summary
Net assets, end of year$11,969,951
Participants with balances220
Active participants225
Employer contributions$488,547
Employee contributions$974,846
Employer contribution per active participant$2,171
Average account balance$54,409
Benefits paid to participants$2,579,837
Plan auditUnmodified (clean) audit opinion
AuditorSEJONG LLP
Plan history4
Yearassets · accounts · employer contribution
2025$12.0M · 220 accts · $489K emplr
2024$10.9M · 190 accts · $415K emplr
2023$9.5M · 185 accts · $442K emplr
2022$7.1M · 163 accts · $391K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$11,704
Total administrative$11,704
The Daedong-Usa, Inc. 401(k) match · 2025
Employer contribution per active participant$2,171
Median for plans this size$2,666
2025$2,171 per active participant
2024$2,291 per active participant
2023$2,402 per active participant
2022$2,506 per active participant

Daedong-Usa, Inc.'s 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
ADP, INC. · Recordkeeping · Loan processing$11,704
ADP BROKER-DEALER · Other servicesindirect comp
MORGAN STANLEY · Other servicesindirect comp

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

Recordkeeper by year3
2025ADP
2024ADP
2023ADP

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

Administrative cost history4
2025$11,704 · 0.10%
2024$6,727 · 0.07%
2023$4,190 · 0.05%
2022$3,788 · 0.05%
Same employer
Similar plansWholesale Trade · North Carolina
Polyquest, Inc. NC$14.3M · 0.43%
Europa Sports Partners, LLC NC$14.2M · 0.17%
Forms & Supply Inc. NC$11.7M · 0.41%
C.A. Short Company, Inc. NC$11.6M · 0.13%
Elgi Compressors USA, Inc. NC$11.2M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 631105933 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.