Plan Ledger DOL Form 5500 · updated monthly

Data and Contact Management Solutions, LLC401(k)

DATA AND CONTACT MANAGEMENT SOLUTIONS, LLC 401(K) RETIREMENT PLAN · BLOOMINGTON, MN · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Data and Contact Management Solutions, LLC reported $78,156 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,191 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 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 893rd-largest of 1,918 plans among Minnesota employers on file, and the 614th of 2,534 in administrative & support services. In 2024, employees put in $3.15 for every $1.00 the employer contributed; active participation has grown from 327 to 465 since 2022.

Plan summary
Net assets, end of year$20,087,086
Participants with balances508
Active participants465
Employer contributions$553,602
Employee contributions$1,743,832
Employer contribution per active participant$1,191
Average account balance$39,542
Benefits paid to participants$1,416,224
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.1M · 508 accts · $554K emplr
2023$16.6M · 439 accts · $473K emplr
2022$14.5M · 349 accts · $435K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,814
Investment management$23,344
Audit (IQPA)$4,998
Total administrative$78,156
The Data and Contact Management Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$1,191
Median for plans this size$2,416
2024$1,191 per active participant
2023$1,128 per active participant
2022$1,331 per active participant

Data and Contact Management Solutions, LLC's 2024 employer contribution ran below the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$49,814
ONEDIGITAL INVESTMENT · Investment advisory (plan)$23,344
BDO USA, P.C. · Accounting / audit$4,998

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$78,156 · 0.43%
2023$68,312 · 0.44%
2022$68,072 · 0.45%
Same employer
Similar plansAdministrative & Support Services · Minnesota
Leeco Support Services MN$31.4M · 0.23%
Bay West LLC MN$23.6M · 0.28%
Verified Credentials, LLC MN$20.0M · 0.55%
Hahl Companies, LLC MN$17.5M · 0.11%
Aaa Minneapolis MN$16.1M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510584320 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.