Plan Ledger DOL Form 5500 · updated monthly

Datadirect Networks, Inc.401(k)

DATADIRECT NETWORKS, INC. PROFIT SHARING 401(K) PLAN · CHATSWORTH, CA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Datadirect Networks, Inc. reported $105,386 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $2,176 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 0.171%. 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 1,398th-largest of 9,483 plans among California employers on file, and the 2,571st of 13,661 in manufacturing. In 2024, employees put in $5.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$65,998,158
Participants with balances547
Active participants485
Employer contributions$1,055,448
Employee contributions$5,522,091
Employer contribution per active participant$2,176
Average account balance$120,655
Benefits paid to participants$6,583,301
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$66.0M · 547 accts · $1.1M emplr
2023$57.3M · 504 accts · $1.0M emplr
2022$47.1M · 528 accts · $921K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,597
Investment management$48,789
Total administrative$105,386
The Datadirect Networks, Inc. 401(k) match · 2024
Employer contribution per active participant$2,176
Median for plans this size$3,635
2024$2,176 per active participant
2023$2,372 per active participant
2022$2,019 per active participant

Datadirect Networks, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20244
ADP, INC. · Loan processing · Recordkeeping$56,597
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$35,689
PENSION ASSURANCE LLP · Recordkeeping · Pension consulting$13,100
ADP BROKER-DEALER · Other servicesindirect 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, Bank of America / Merrill, PENSION ASSURANCE LLP
2023ADP, Bank of America / Merrill, PENSION ASSURANCE LLP

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Administrative cost history3
2024$105,386 · 0.17%
2023$95,976 · 0.18%
2022$86,535 · 0.17%
Same employer
Similar plansManufacturing · California
Wella Operations US LLC CA$67.8M · 0.40%
Ba Holdings, Inc. CA$67.6M · 0.25%
Taylor-Listug, Inc. CA$65.8M · 0.20%
Jacuzzi Brands LLC CA$65.5M · 0.14%
Shaklee Corporation CA$65.1M · 0.09%
Spears Manufacturing Co. CA$65.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954164579 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.