Plan Ledger DOL Form 5500 · updated monthly

Devro, Inc.401(k)

DEVRO, INC. RETIREMENT SAVINGS PLAN · SWANSEA, SC · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Devro, Inc. reported $41,977 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $3,505 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 0.18% to 0.13%. 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 177th-largest of 807 plans among South Carolina employers on file, and the 4,332nd of 13,661 in manufacturing. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 171 to 218 since 2022.

Plan summary
Net assets, end of year$31,454,007
Participants with balances266
Active participants218
Employer contributions$764,143
Employee contributions$1,424,116
Employer contribution per active participant$3,505
Average account balance$118,248
Benefits paid to participants$5,086,672
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.5M · 266 accts · $764K emplr
2023$31.1M · 303 accts · $698K emplr
2022$28.0M · 288 accts · $676K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,977
Investment management$24,000
Total administrative$41,977
The Devro, Inc. 401(k) match · 2024
Employer contribution per active participant$3,505
Median for plans this size$2,416
2024$3,505 per active participant
2023$3,492 per active participant
2022$3,954 per active participant

Devro, Inc.'s 2024 employer contribution ran above 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$17,977
PRIMETRUST ADVISORS · Consulting$24,000
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$41,977 · 0.13%
2023$81,311 · 0.27%
2022$53,109 · 0.18%
Same employer
Similar plansManufacturing · South Carolina
Pacolet Milliken, LLC SC$32.6M · 0.08%
Ceramtec North America LLC SC$32.0M · 0.22%
Oliver Rubber Company LLC SC$30.4M · 0.06%
Gower Corporation SC$30.0M · 0.29%
Tietex International LTD SC$28.9M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362704043 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.