Plan Ledger DOL Form 5500 · updated monthly

Deerfield Imaging401(k)

DEERFIELD IMAGING RETIREMENT SAVINGS PLAN · MINNETONKA, MN · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Deerfield Imaging reported $35,153 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $3,272 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 3 years on file its reported administrative ratio has held roughly steady near 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Minnesota (1,341st of 1,918), and 3,003rd of 4,246 in wholesale trade. In 2024, employees put in $3.00 for every $1.00 the employer contributed; active participation has grown from 89 to 99 since 2022.

Plan summary
Net assets, end of year$9,354,370
Participants with balances165
Active participants99
Employer contributions$323,944
Employee contributions$973,050
Employer contribution per active participant$3,272
Average account balance$56,693
Benefits paid to participants$637,723
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 165 accts · $324K emplr
2023$7.5M · 143 accts · $295K emplr
2022$5.5M · 136 accts · $241K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,605
Investment management$31,548
Total administrative$35,153
The Deerfield Imaging 401(k) match · 2024
Employer contribution per active participant$3,272
Median for plans this size$1,313
2024$3,272 per active participant
2023$3,206 per active participant
2022$2,705 per active participant

Deerfield Imaging's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$27,638
ABBEY STREET · Investment advisory (plan)$31,548

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$35,153 · 0.42%
2023$27,039 · 0.42%
2022$23,399 · 0.40%
Similar plansWholesale Trade · Minnesota
W.P. & R.S. Mars Company MN$10.6M · 0.18%
Henrys Foods, Inc. MN$10.2M · 0.83%
Curio Brands, LLC MN$9.7M · 0.41%
The Stable Group LLC MN$9.0M · 0.26%
Distribution Alternatives MN$8.4M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474699323 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.