Plan Ledger DOL Form 5500 · updated monthly

Decorative Panels International401(k)

DECORATIVE PANELS UNION 401K PLAN · TOLEDO, OH · plan year 2023

Reported admin expense ratio · 2023
0.10%

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

Decorative Panels International reported $10,037 in plan administrative expenses for 2023: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,049 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 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (1,908th of 3,295), and 8,377th of 13,661 in manufacturing. In 2023, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,971,717
Participants with balances190
Active participants290
Employer contributions$304,074
Employee contributions$626,387
Employer contribution per active participant$1,049
Average account balance$57,746
Benefits paid to participants$1,391,689
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 68 accts · $122K emplr
2023$11.0M · 190 accts · $304K emplr
2022$10.0M · 191 accts · $300K emplr
The Decorative Panels International 401(k) match · 2023
Employer contribution per active participant$1,049
Median for plans this size$2,440
2024$4,051 per active participant
2023$1,049 per active participant
2022$1,079 per active participant

Decorative Panels International's 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
T. ROWE PRICE TRUST, INC. · Recordkeeping · Investment management$9,955
PIMCO FUNDS · Investment managementindirect comp
PRUDENTIAL FUNDS · Investment managementindirect comp
TRANSAMERICA FUNDS · Investment managementindirect comp
FIDELITY FUNDS · Investment managementindirect 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
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$8,406 · 0.10%
2023$10,037 · 0.10%
2022$3,240 · 0.03%
All plans at this employer2
DECORATIVE PANELS 401K PLAN401(k)
DECORATIVE PANELS UNION 401K PLAN401(k)
Same employer
Similar plansManufacturing · Ohio
Pmc Smart Solutions, LLC OH$11.0M · 0.17%
Julius Zorn, Inc. OH$11.0M · 0.18%
Insource Technologies, Inc. OH$11.0M · 0.59%
Millat Industries OH$11.0M · 0.43%
Kern-Liebers USA Inc. OH$10.9M · 0.03%
Intigral, Inc. OH$10.9M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201014249 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.