Plan Ledger DOL Form 5500 · updated monthly

Dept US Holdings LLC401(k)

DEPT US HOLDINGS LLC 401(K) PLAN · NEWBURYPORT, MA · plan year 2023

Reported admin expense ratio · 2023
0.20%

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

Dept US Holdings LLC reported $72,180 in plan administrative expenses for 2023: 0.20% of average plan assets, below the peer median. Employer contributions averaged $4,431 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 1 year on file its reported administrative ratio fell from 0.32% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 647th-largest of 2,726 plans among Massachusetts employers on file, and the 2,521st of 11,654 in professional & technical services. In 2023, employees put in $2.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$55,927,087
Participants with balances1,208
Active participants495
Employer contributions$2,193,235
Employee contributions$5,586,087
Employer contribution per active participant$4,431
Average account balance$46,297
Benefits paid to participants$2,459,519
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$55.9M · 1,208 accts · $2.2M emplr
2022$15.6M · 517 accts · $1.7M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$58,770
Investment management$1,703
Total administrative$72,180
The Dept US Holdings LLC 401(k) match · 2023
Employer contribution per active participant$4,431
Median for plans this size$2,440
2023$4,431 per active participant
2022$3,722 per active participant

Dept US Holdings LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
ONEDIGITAL INVESTMENT ADVISORS LLC · Contract administrator$22,213
CREATIVE PLANNING LLC$11,707
RESOURCES INVESTMENT ADVISORS, LLC · Investment management$1,703

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

Administrative cost history2
2023$72,180 · 0.20%
2022$50,449 · 0.32%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Sdl Inc. MA$58.2M · 0.21%
Apps Associates LLC MA$57.7M · 0.28%
Worldwide Techservices, LLC MA$57.1M · 0.02%
Globoforce, Inc. MA$55.8M · 0.06%
Thrive Operations, LLC MA$55.0M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833753206 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.