Plan Ledger DOL Form 5500 · updated monthly

Darex, LLC401(k)

WORK SHARP 401(K) PLAN · ASHLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Darex, LLC reported $32,131 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $2,514 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 rose from 0.21% to 0.45%. 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 Oregon (624th of 1,021), and 9,671st of 13,661 in manufacturing. In 2024, employees put in $2.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,022,458
Participants with balances125
Active participants99
Employer contributions$248,902
Employee contributions$642,945
Employer contribution per active participant$2,514
Average account balance$64,180
Benefits paid to participants$250,734
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 125 accts · $249K emplr
2023$6.4M · 121 accts · $112K emplr
2022$6.0M · 121 accts · $84K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,170
Investment management$20,961
Total administrative$32,131
The Darex, LLC 401(k) match · 2024
Employer contribution per active participant$2,514
Median for plans this size$1,313
2024$2,514 per active participant
2023$1,181 per active participant
2022$897 per active participant

Darex, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$11,170
CREATIVE PLANNING, LLC · Investment advisory (plan)$20,961

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

Recordkeeper by year2
2024EPIC RPS
2023Ascensus

This plan has changed recordkeepers within these filings. If you left Darex, 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$32,131 · 0.45%
2023$14,089 · 0.23%
2022$14,149 · 0.21%
Same employer
Similar plansManufacturing · Oregon
Vips Industries Inc OR$8.1M · 0.55%
Sawstop, LLC OR$8.0M · 0.02%
Ideal Steel, Inc. OR$7.8M · 0.40%
Turtle Island Foods, Spc OR$7.8M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931274293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.