Plan Ledger DOL Form 5500 · updated monthly

Ddp Pharmacy, Inc.401(k)

DDP PHARMACY, INC. 401K PLAN · ROANOKE RAPIDS, NC · plan year 2022

Reported admin expense ratio · 2022
2.18%

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

Ddp Pharmacy, Inc. reported $22,518 in plan administrative expenses for 2022: 2.18% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,592 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in North Carolina (1,848th of 2,005), and 4,111th of 4,246 in wholesale trade. In 2022, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,345,054
Participants with balances62
Active participants150
Employer contributions$238,726
Employee contributions$451,922
Employer contribution per active participant$1,592
Average account balance$21,694
Benefits paid to participants$9,736
Plan auditUnmodified (clean) audit opinion
AuditorWILLIAMS OVERMAN PIERCE
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$16,987
Investment management$3,895
Total administrative$22,518
The Ddp Pharmacy, Inc. 401(k) match · 2022
Employer contribution per active participant$1,592
Median for plans this size$1,114

Ddp Pharmacy, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$22,518 · 2.18%
Similar plansWholesale Trade · North Carolina
S.V. International Corp. NC$2.2M · 0.05%
The Flowers Company, Inc. NC$1.9M · 0.06%
Microtech Knives, Inc. NC$1.2M · 0.90%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 561630855 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.