Plan Ledger DOL Form 5500 · updated monthly

Datamax, Inc.401(k)

DATAMAX, INC. 401(K)/PROFIT SHARING PLAN · ST LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Datamax, Inc. reported $65,077 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $2,298 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 0.19% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 413th-largest of 1,393 plans among Missouri employers on file, and the 1,225th of 4,246 in wholesale trade. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has grown from 196 to 217 since 2022.

Plan summary
Net assets, end of year$33,622,296
Participants with balances260
Active participants217
Employer contributions$498,571
Employee contributions$987,762
Employer contribution per active participant$2,298
Average account balance$129,317
Benefits paid to participants$856,129
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.6M · 260 accts · $499K emplr
2023$28.8M · 259 accts · $645K emplr
2022$24.4M · 246 accts · $589K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,227
Investment management$18,850
Total administrative$65,077
The Datamax, Inc. 401(k) match · 2024
Employer contribution per active participant$2,298
Median for plans this size$2,416
2024$2,298 per active participant
2023$3,013 per active participant
2022$3,008 per active participant

Datamax, 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 · 20244
ADP, INC. · Recordkeeping$46,227
ANDERS MINKLER HUBER & HELM LLP · Recordkeeping · Pension consulting$18,850
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, ANDERS MINKLER HUBER & HELM LLP
2023ADP, ANDERS MINKLER HUBER & HELM LLP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$65,077 · 0.21%
2023$60,127 · 0.23%
2022$50,508 · 0.19%
Same employer
Similar plansWholesale Trade · Missouri
Medart, Inc. MO$37.1M · 0.41%
Sumnerone, Inc. MO$35.8M · 0.14%
Hartwig, Incorporated MO$31.5M · 0.29%
Butler Supply Inc. MO$29.2M · 0.17%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 462116409 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.