Plan Ledger DOL Form 5500 · updated monthly

Denman Services Inc.401(k)

DENMAN SERVICES, INC. 401(K) RETIREMENT SAVINGS PLAN · QUINCY, IL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Denman Services Inc. reported $7,460 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,545 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 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Illinois (2,394th of 3,702), and 2,641st of 5,215 in retail trade. In 2024, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,910,779
Participants with balances308
Active participants186
Employer contributions$287,432
Employee contributions$520,936
Employer contribution per active participant$1,545
Average account balance$32,178
Benefits paid to participants$667,647
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 308 accts · $287K emplr
2023$8.4M · 282 accts · $261K emplr
2022$7.2M · 284 accts · $325K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,226
Investment management$4,234
Total administrative$7,460
The Denman Services Inc. 401(k) match · 2024
Employer contribution per active participant$1,545
Median for plans this size$1,313
2024$1,545 per active participant
2023$1,310 per active participant
2022$1,785 per active participant

Denman Services Inc.'s 2024 employer contribution ran above the $1,313 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,226

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$7,460 · 0.08%
2023$8,056 · 0.10%
2022$6,638 · 0.09%
Similar plansRetail Trade · Illinois
Willowbrook Ford, Inc. IL$10.4M · 0.48%
Wickstrom Auto Group, Inc. IL$10.3M · 0.49%
J.A.K.Enterprises, Inc. IL$10.2M · 0.05%
D'Arcy Buick Gmc, Inc. IL$9.7M · 0.60%
Maestro Food Co. IL$9.6M · 0.82%
Carpet Weavers, Inc. IL$9.5M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371132117 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.