Plan Ledger DOL Form 5500 · updated monthly

Das North America, Inc.401(k)

DAS NORTH AMERICA, INC. 401(K) PLAN · MONTGOMERY, AL · plan year 2024

Reported admin expense ratio · 2024
2.04%

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

Das North America, Inc. reported $65,981 in plan administrative expenses for 2024: 2.04% of average plan assets, higher than ~90% of peers. Employer contributions averaged $715 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 2.04%. 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 Alabama (692nd of 902), and 11,879th of 13,661 in manufacturing. In 2024, employees put in $2.35 for every $1.00 the employer contributed; active participation has grown from 335 to 394 since 2022.

Plan summary
Net assets, end of year$3,753,580
Participants with balances230
Active participants394
Employer contributions$281,766
Employee contributions$661,314
Employer contribution per active participant$715
Average account balance$16,320
Benefits paid to participants$263,141
Plan auditUnmodified (clean) audit opinion
AuditorKLICHS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 230 accts · $282K emplr
2023$2.7M · 168 accts · $165K emplr
2022$2.0M · 160 accts · $150K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,981
Total administrative$65,981
The Das North America, Inc. 401(k) match · 2024
Employer contribution per active participant$715
Median for plans this size$1,313
2024$715 per active participant
2023$397 per active participant
2022$448 per active participant

Das North America, Inc.'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 · 20241

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

Administrative cost history3
2024$65,981 · 2.04%
2023$51,999 · 2.19%
2022$41,830 · 2.08%
Similar plansManufacturing · Alabama
Sejong Alabama, LLC AL$4.4M · 0.14%
C & B Piping, Inc. AL$4.2M · 0.90%
Kabco Builders, Inc. AL$4.1M · 0.09%
Mesker Mbm LP AL$3.6M · 1.93%
R.L. Zeigler Co., Inc. AL$3.5M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200988310 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.