Plan Ledger DOL Form 5500 · updated monthly

Design Systems, Inc.401(k)

DESIGN SYSTEMS, INC. PROFIT-SHARING AND RETIREMENT SAVINGS PLAN · FARMINGTON HILLS, MI · plan year 2023

Reported admin expense ratio · 2023
0.21%

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

Design Systems, Inc. reported $71,066 in plan administrative expenses for 2023: 0.21% of average plan assets, below the peer median. Employer contributions averaged $3,279 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 0.18% to 0.25%. 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 682nd-largest of 2,619 plans among Michigan employers on file, and the 3,608th of 11,654 in professional & technical services. In 2023, employees put in $3.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,885,280
Participants with balances168
Active participants122
Employer contributions$400,000
Employee contributions$1,269,955
Employer contribution per active participant$3,279
Average account balance$213,603
Benefits paid to participants$1,736,198
Plan auditUnmodified (clean) audit opinion
AuditorMCCURDY & ASSOCIATES, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$34.8M · 184 accts · $343K emplr
2023$35.9M · 168 accts · $400K emplr
2022$31.4M · 168 accts · $373K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$32,042
Total administrative$71,066
The Design Systems, Inc. 401(k) match · 2023
Employer contribution per active participant$3,279
Median for plans this size$2,440
2024$2,543 per active participant
2023$3,279 per active participant
2022$3,160 per active participant

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

Service providers · 20233
T ROWE PRICE RPS INC · Recordkeeping · Trustee$32,042
MMA SECURITIES · Consulting$20,057
LPL FINANCIAL · Consulting$18,968

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$86,755 · 0.25%
2023$71,066 · 0.21%
2022$63,856 · 0.18%
Same employer
Similar plansProfessional & Technical Services · Michigan
Maner Costerisan & Ellis PC MI$37.1M · 0.49%
Peter Basso Associates, Inc MI$34.8M · 0.01%
Superior Controls,Inc. MI$34.6M · 0.08%
Nth Consultants LTD MI$33.9M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382473709 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.