Plan Ledger DOL Form 5500 · updated monthly

Danville Metal Stamping Company, Inc.401(k)

DANVILLE METAL STAMPING COMPANY, INC. EMPLOYEES' SAVINGS PLAN · DANVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Danville Metal Stamping Company, Inc. reported $98,821 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $1,314 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 has held roughly steady near 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,572nd-largest of 3,702 plans among Illinois employers on file, and the 5,427th of 13,661 in manufacturing. In 2024, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,921,903
Participants with balances328
Active participants348
Employer contributions$457,121
Employee contributions$887,355
Employer contribution per active participant$1,314
Average account balance$69,884
Benefits paid to participants$3,184,692
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.9M · 328 accts · $457K emplr
2023$20.5M · 347 accts · $455K emplr
2022$19.8M · 325 accts · $445K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$98,821
Total administrative$98,821
The Danville Metal Stamping Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,314
Median for plans this size$2,416
2024$1,314 per active participant
2023$1,367 per active participant
2022$1,359 per active participant

Danville Metal Stamping 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 · 20243
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping$2,084
MERILL LYNCH - FAS · Investment advisory (participants)$20,936
MERILL LYNCH - EPS · Investment advisory (participants)$20,936

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$98,821 · 0.45%
2023$93,367 · 0.46%
2022$105,058 · 0.46%
Same employer
Similar plansManufacturing · Illinois
Luse Holdings, Inc. IL$23.1M · 0.07%
Focal Point LLC IL$22.9M · 0.20%
Bimeda, Inc. IL$22.8M · 0.10%
Richelieu Foods, Inc. IL$22.8M · 0.13%
Keats Manufacturing Co. IL$22.8M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370637099 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.