Plan Ledger DOL Form 5500 · updated monthly

De Nora Tech, LLC.401(k)

DE NORA 401(K) SAVINGS PLAN · CONCORD, OH · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

De Nora Tech, LLC. reported $30,547 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,270 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 421st-largest of 3,295 plans among Ohio employers on file, and the 2,127th of 13,661 in manufacturing. In 2024, employees put in $1.28 for every $1.00 the employer contributed; active participation has shrunk from 517 to 447 since 2022.

Plan summary
Net assets, end of year$86,196,589
Participants with balances565
Active participants447
Employer contributions$2,802,651
Employee contributions$3,583,514
Employer contribution per active participant$6,270
Average account balance$152,560
Benefits paid to participants$14,003,923
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$86.2M · 565 accts · $2.8M emplr
2023$82.4M · 569 accts · $2.9M emplr
2022$78.6M · 618 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,547
Total administrative$30,547
The De Nora Tech, LLC. 401(k) match · 2024
Employer contribution per active participant$6,270
Median for plans this size$3,635
2024$6,270 per active participant
2023$6,340 per active participant
2022$5,426 per active participant

De Nora Tech, 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 · 20243
HIGHLAND CONSULTING ASSOCIATES INC · Contract administrator · Pension consulting$60,000
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$30,547
MEADEN & MOORE LTD · Accounting / auditindirect comp

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$30,547 · 0.04%
2023$32,049 · 0.04%
2022$29,159 · 0.03%
Same employer
Similar plansManufacturing · Ohio
Magellan USA OH$90.6M · 0.18%
Dayton Superior Corporation OH$89.9M · 0.30%
Fastener Industries, Inc. OH$88.5M · 0.00%
Americhem, Inc. OH$84.9M · 0.11%
The Scott Fetzer Company OH$84.6M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341365932 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.