Plan Ledger DOL Form 5500 · updated monthly

Delta Marine Industries, Incorporated401(k)

DELTA MARINE INDUSTRIES, INCORPORATED EMPLOYEES' RETIREMENT PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Delta Marine Industries, Incorporated reported $26,738 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,614 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 fell from 0.084% to 0.075%. 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 440th-largest of 1,714 plans among Washington employers on file, and the 3,848th of 13,661 in manufacturing. In 2024, employees put in $2.85 for every $1.00 the employer contributed; active participation has grown from 179 to 258 since 2022.

Plan summary
Net assets, end of year$37,722,433
Participants with balances206
Active participants258
Employer contributions$416,380
Employee contributions$1,188,034
Employer contribution per active participant$1,614
Average account balance$183,119
Benefits paid to participants$3,956,548
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.7M · 206 accts · $416K emplr
2023$33.4M · 204 accts · $356K emplr
2022$26.3M · 194 accts · $167K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,738
Investment management$25,000
Total administrative$26,738
The Delta Marine Industries, Incorporated 401(k) match · 2024
Employer contribution per active participant$1,614
Median for plans this size$2,416
2024$1,614 per active participant
2023$1,751 per active participant
2022$931 per active participant

Delta Marine Industries, Incorporated'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
USI ADVISORS INC · Investment advisory (plan)$25,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,738

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$26,738 · 0.08%
2023$26,444 · 0.09%
2022$26,313 · 0.08%
Same employer
Similar plansManufacturing · Washington
Hardel Mutual Plywood Corp. WA$39.1M · 0.01%
Lynden Door, Inc. WA$38.7M · 0.09%
Travis Industries Inc WA$38.1M · 0.41%
Mutual Materials Company WA$35.4M · 0.03%
G S Long Co Inc WA$33.7M · 0.33%
Hermetic Solutions Group WA$32.9M · 0.54%
Cascade Designs, Inc. WA$32.9M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910862634 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.