Plan Ledger DOL Form 5500 · updated monthly

Datasite LLC401(k)

DATASITE GLOBAL CORPORATION 401(K) INCENTIVE SAVINGS PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Datasite LLC reported $42,730 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,839 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 0.03% to 0.04%. 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 238th-largest of 1,918 plans among Minnesota employers on file, and the 1,654th of 13,661 in manufacturing. In 2024, employees put in $2.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$120,669,675
Participants with balances910
Active participants790
Employer contributions$4,612,787
Employee contributions$10,094,328
Employer contribution per active participant$5,839
Average account balance$132,604
Benefits paid to participants$7,009,332
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$120.7M · 910 accts · $4.6M emplr
2023$94.3M · 798 accts · $3.6M emplr
2022$71.0M · 787 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,730
Total administrative$42,730
The Datasite LLC 401(k) match · 2024
Employer contribution per active participant$5,839
Median for plans this size$3,635
2024$5,839 per active participant
2023$5,195 per active participant
2022$4,750 per active participant

Datasite LLC's 2024 employer contribution ran above 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$43,636

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$42,730 · 0.04%
2023$30,835 · 0.04%
2022$25,002 · 0.03%
Same employer
Similar plansManufacturing · Minnesota
Jostens, Inc. MN$136.3M · 0.14%
Miller Waste Mills, Inc. MN$130.0M · 0.13%
Cemstone Products Company MN$129.0M · 0.25%
Instant Web, LLC MN$117.7M · 0.15%
Zinpro Corporation MN$116.7M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 412007271 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.