Plan Ledger DOL Form 5500 · updated monthly

Danos, LLC401(k)

DANOS LLC 401(K) RETIREMENT PLAN · GRAY, LA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Danos, LLC reported $181,321 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $436 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 0.39% to 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 101st-largest of 884 plans among Louisiana employers on file, and the 2,767th of 13,661 in manufacturing. In 2024, employees put in $7.94 for every $1.00 the employer contributed; active participation has shrunk from 2,220 to 1,969 since 2022.

Plan summary
Net assets, end of year$59,909,633
Participants with balances1,181
Active participants1,969
Employer contributions$858,481
Employee contributions$6,815,650
Employer contribution per active participant$436
Average account balance$50,728
Benefits paid to participants$8,897,878
Plan auditUnmodified (clean) audit opinion
AuditorWEGMANN DAZET
Plan history3
Yearassets · accounts · employer contribution
2024$59.9M · 1,181 accts · $858K emplr
2023$57.1M · 1,260 accts · $1.1M emplr
2022$47.0M · 1,078 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,828
Investment management$59,157
Audit (IQPA)$24,336
Total administrative$181,321
The Danos, LLC 401(k) match · 2024
Employer contribution per active participant$436
Median for plans this size$3,635
2024$436 per active participant
2023$471 per active participant
2022$506 per active participant

Danos, LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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
HASSELL WEALTH MANAGEMENT, LLC · Recordkeeping · Pension consulting$162,240
ADP, INC. · Loan processing · Recordkeeping$97,828
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, HASSELL WEALTH MANAGEMENT, LLC
2023ADP

This plan has changed recordkeepers within these filings. If you left Danos, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$181,321 · 0.31%
2023$191,764 · 0.37%
2022$201,530 · 0.39%
Same employer
Similar plansManufacturing · Louisiana
McElroy Metal, Inc. LA$69.3M · 0.19%
Atalco Gramercy, LLC LA$63.1M · 0.21%
Lion Copolymer Geismar LLC LA$55.9M · 0.17%
Pinnacle Polymers, LLC LA$48.6M · 0.20%
Auto Chlor Services, LLC LA$46.1M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720537224 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.