Plan Ledger DOL Form 5500 · updated monthly

Delkor Systems, Inc.401(k)

DELKOR SYSTEMS, INC. 401(K) PLAN · ST. PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Delkor Systems, Inc. reported $10,423 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,775 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 691st-largest of 1,918 plans among Minnesota employers on file, and the 4,447th of 13,661 in manufacturing. In 2024, employees put in $5.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,348,549
Participants with balances375
Active participants297
Employer contributions$527,190
Employee contributions$2,699,792
Employer contribution per active participant$1,775
Average account balance$80,929
Benefits paid to participants$1,772,629
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$30.3M · 375 accts · $527K emplr
2023$24.9M · 367 accts · $466K emplr
2022$18.8M · 380 accts · $423K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,292
Investment management$4,131
Total administrative$10,423
The Delkor Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$1,775
Median for plans this size$2,416
2024$1,775 per active participant
2023$1,507 per active participant
2022$1,400 per active participant

Delkor Systems, Inc.'s 2024 employer contribution ran below 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 · 20242
ASCENSUS LLC · Recordkeeping$6,292
USI ADVISORS INC. · Investment advisory (plan)$3,750

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$10,423 · 0.04%
2023$5,499 · 0.03%
2022$5,607 · 0.03%
Same employer
Similar plansManufacturing · Minnesota
United Sugars Corporation MN$31.4M · 0.08%
Teamvantage Buyer, LLC MN$31.0M · 0.38%
Retail Tech, Inc. MN$30.8M · 0.47%
Rotochopper, Inc. MN$30.5M · 0.30%
Plastech Corporation MN$30.2M · 0.14%
Phillips & Temro Industries MN$29.9M · 0.04%
Miller Milling Company, LLC MN$29.2M · 0.03%
Bolger LLC MN$28.8M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411668106 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.