Plan Ledger DOL Form 5500 · updated monthly

Delaware Claims Processing Facility, LLC.401(k)

DELAWARE CLAIMS PROCESSING FACILITY, LLC. 401K PLAN · WILMINGTON, DE · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Delaware Claims Processing Facility, LLC. reported $17,387 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,483 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 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 72nd-largest of 242 plans among Delaware employers on file, and the 2,146th of 4,798 in finance & insurance. In 2024, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,574,835
Participants with balances277
Active participants230
Employer contributions$801,134
Employee contributions$1,113,110
Employer contribution per active participant$3,483
Average account balance$128,429
Benefits paid to participants$848,725
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.6M · 277 accts · $801K emplr
2023$30.0M · 271 accts · $720K emplr
2022$24.9M · 279 accts · $693K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,387
Total administrative$17,387
The Delaware Claims Processing Facility, LLC. 401(k) match · 2024
Employer contribution per active participant$3,483
Median for plans this size$2,416
2024$3,483 per active participant
2023$3,260 per active participant
2022$3,150 per active participant

Delaware Claims Processing Facility, LLC.'s 2024 employer contribution ran above the $2,416 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
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$17,387

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$17,387 · 0.05%
2023$9,122 · 0.03%
2022$8,310 · 0.03%
Same employer
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The Bancorp, Inc. DE$142.5M · 0.11%
Marlette Funding, LLC DE$52.3M · 0.33%
Marlette Funding, LLC DE$40.6M · 0.41%
Artisans' Bank DE$27.9M · 0.21%
Continental Finance Company DE$20.4M · 0.29%
Partners Bancorp DE$14.6M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205453231 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.