Plan Ledger DOL Form 5500 · updated monthly

Designtechnica Corporation401(k)

DESIGNTECHNICA 401(K) PLAN · PORTLAND, OR · plan year 2023

Reported admin expense ratio · 2023
0.75%

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

Designtechnica Corporation reported $37,970 in plan administrative expenses for 2023: 0.75% of average plan assets, above the peer median. Employer contributions averaged $3,679 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 rose from 0.07% to 0.75%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Oregon (729th of 1,021), and 9,599th of 11,654 in professional & technical services. In 2023, employees put in $2.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,502,899
Participants with balances95
Active participants48
Employer contributions$176,572
Employee contributions$353,480
Employer contribution per active participant$3,679
Average account balance$57,925
Benefits paid to participants$531,857
Plan auditUnmodified (clean) audit opinion
AuditorPERKINS & COMPANY, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$5.5M · 95 accts · $177K emplr
2022$4.6M · 107 accts · $310K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$17,566
Investment management$3,314
Total administrative$37,970
The Designtechnica Corporation 401(k) match · 2023
Employer contribution per active participant$3,679
Median for plans this size$1,308
2023$3,679 per active participant
2022$5,739 per active participant

Designtechnica Corporation's 2023 employer contribution ran above the $1,308 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 · 20233
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$17,566
PERKINS & COMPANY$16,750
COMMONWEALTH EQUITY SERVICES LLC DB · Investment advisory (plan)$3,314

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$37,970 · 0.75%
2022$3,410 · 0.07%
Similar plansProfessional & Technical Services · Oregon
Wonolo Inc. OR$7.4M · 0.61%
Carlson Testing, Inc. OR$7.4M · 0.09%
Jitasa, Inc. OR$6.3M · 0.38%
Coda, Inc. OR$6.1M · 0.15%
Atmosera, Inc. OR$4.9M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931330885 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.