Plan Ledger DOL Form 5500 · updated monthly

Digital Check Corp.401(k)

DIGITAL CHECK CORP. 401(K) PLAN · NORTHBROOK, IL · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Digital Check Corp. reported $82,095 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $3,334 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 0.34% to 0.31%. 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 1,372nd-largest of 3,702 plans among Illinois employers on file, and the 4,701st of 13,661 in manufacturing. In 2024, employees put in $2.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,282,452
Participants with balances281
Active participants248
Employer contributions$826,723
Employee contributions$2,046,644
Employer contribution per active participant$3,334
Average account balance$100,649
Benefits paid to participants$1,938,378
Plan auditUnmodified (clean) audit opinion
AuditorMOWERY & SCHOENFELD LLC
Plan history3
Yearassets · accounts · employer contribution
2024$28.3M · 281 accts · $827K emplr
2023$24.3M · 280 accts · $820K emplr
2022$20.4M · 275 accts · $760K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,095
Total administrative$82,095
The Digital Check Corp. 401(k) match · 2024
Employer contribution per active participant$3,334
Median for plans this size$2,416
2024$3,334 per active participant
2023$3,217 per active participant
2022$3,042 per active participant

Digital Check Corp.'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
MMA SECURITIES LLC · Investment advisory (plan)$25,000
DEFINITI LLC · Contract administrator$10,550

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$82,095 · 0.31%
2023$73,397 · 0.33%
2022$71,394 · 0.34%
Same employer
Similar plansManufacturing · Illinois
Stahl (USA) Inc. IL$28.6M · 0.02%
Rcm Industries, Inc IL$28.4M · 0.11%
Nation Pizza Products, LLC IL$28.4M · 0.26%
Ventra Ionia LLC IL$28.2M · 0.24%
Powertrain Rockford, Inc. IL$28.2M · 0.26%
Ejot Atf, LP IL$28.1M · 0.49%
Lanzatech, Inc. IL$28.0M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362445991 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.