Plan Ledger DOL Form 5500 · updated monthly

Digi International, Inc.401(k)

DIGI INTERNATIONAL INC. 401(K) SAVINGS AND PROFIT SHARING PLAN · HOPKINS, MN · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Digi International, Inc. reported $116,464 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $4,171 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 0.090%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 209th-largest of 1,918 plans among Minnesota employers on file, and the 1,465th of 13,661 in manufacturing. In 2024, employees put in $2.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$143,110,816
Participants with balances848
Active participants644
Employer contributions$2,685,808
Employee contributions$6,693,363
Employer contribution per active participant$4,171
Average account balance$168,763
Benefits paid to participants$6,140,249
Plan auditUnmodified (clean) audit opinion
AuditorBOYUM&BARENSCHEER,PLLP
Plan history3
Yearassets · accounts · employer contribution
2024$143.1M · 848 accts · $2.7M emplr
2023$116.1M · 814 accts · $2.7M emplr
2022$98.4M · 819 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,437
Investment management$55,027
Total administrative$116,464
The Digi International, Inc. 401(k) match · 2024
Employer contribution per active participant$4,171
Median for plans this size$3,635
2024$4,171 per active participant
2023$4,317 per active participant
2022$3,977 per active participant

Digi International, Inc.'s 2024 employer contribution ran above the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$61,437
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$35,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$20,027

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$116,464 · 0.09%
2023$97,202 · 0.09%
2022$101,316 · 0.09%
Same employer
Similar plansManufacturing · Minnesota
Polar Semiconductor, LLC MN$148.7M · 0.07%
Buhler Inc. MN$147.0M · 0.01%
Cambria Company LLC MN$144.9M · 0.06%
Hawkins, Inc. MN$138.8M · 0.11%
Jostens, Inc. MN$136.3M · 0.14%
Miller Waste Mills, Inc. MN$130.0M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411532464 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.