Plan Ledger DOL Form 5500 · updated monthly

Danner Corporation401(k)

DANNER CORPORATION 401(K) PROFIT SHARING PLAN · AUBURN, WA · plan year 2024

Reported admin expense ratio · 2024
1.04%

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

Danner Corporation reported $63,669 in plan administrative expenses for 2024: 1.04% of average plan assets, higher than ~75% of peers. Employer contributions averaged $686 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 1.13% to 1.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Washington (1,254th of 1,714), and 10,388th of 13,661 in manufacturing. In 2024, employees put in $5.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,582,967
Participants with balances155
Active participants121
Employer contributions$82,965
Employee contributions$449,850
Employer contribution per active participant$686
Average account balance$42,471
Benefits paid to participants$405,074
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.6M · 155 accts · $83K emplr
2023$5.7M · 157 accts · $81K emplr
2022$5.1M · 157 accts · $72K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,695
Investment management$31,244
Audit (IQPA)$17,250
Trustee / custodial$3,480
Total administrative$63,669
The Danner Corporation 401(k) match · 2024
Employer contribution per active participant$686
Median for plans this size$1,313
2024$686 per active participant
2023$668 per active participant
2022$593 per active participant

Danner Corporation's 2024 employer contribution ran below the $1,313 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 · 20243
AMERICAN NORTHWEST RPS · Recordkeeping$11,695
AMERICAN NORTHWEST ADVISORY SERVICE · Investment advisory (plan)$31,244
CLARK NUBER PS · Accounting / audit$17,250

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

Recordkeeper by year2
2024AMERICAN NORTHWEST RPS
2023AMERICAN NORTHWEST RPS

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

Administrative cost history3
2024$63,669 · 1.04%
2023$61,119 · 1.13%
2022$64,477 · 1.13%
Same employer
Similar plansManufacturing · Washington
Usac Wa LLC WA$7.2M · 0.16%
Quickparts WA$7.1M · 0.66%
Umbra Cuscinetti, Inc. WA$6.9M · 0.19%
Tube Art Displays, Inc. WA$6.5M · 0.52%
Kaso Plastics, Inc. WA$6.5M · 0.87%
A & G Machine, Inc. WA$6.5M · 0.57%
Homecare Products, Inc. WA$6.4M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911364848 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.