Plan Ledger DOL Form 5500 · updated monthly

Digital Monitoring Products, Inc.401(k)

DIGITAL MONITORING PRODUCTS, INC. EMPLOYEES 401K PLAN · SPRINGFIELD, MO · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Digital Monitoring Products, Inc. reported $41,026 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $2,278 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 0.30% to 0.23%. 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 635th-largest of 1,393 plans among Missouri employers on file, and the 6,237th of 13,661 in manufacturing. In 2024, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,462,120
Participants with balances550
Active participants364
Employer contributions$829,179
Employee contributions$1,574,369
Employer contribution per active participant$2,278
Average account balance$33,567
Benefits paid to participants$3,353,248
Plan auditUnmodified (clean) audit opinion
AuditorABACUS CPAS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$18.5M · 550 accts · $829K emplr
2023$17.2M · 469 accts · $739K emplr
2022$14.0M · 425 accts · $715K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,693
Investment management$8,333
Total administrative$41,026
The Digital Monitoring Products, Inc. 401(k) match · 2024
Employer contribution per active participant$2,278
Median for plans this size$2,416
2024$2,278 per active participant
2023$2,083 per active participant
2022$1,898 per active participant

Digital Monitoring Products, Inc.'s 2024 employer contribution ran below 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 · 20242
EMPLOYEE FIDUCIARY, LLC · Recordkeeping$32,693
PINNACLE FAMILY ADVISORS · Investment advisory (participants) · Investment advisory (plan)$8,333

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

Recordkeeper by year2
2024EMPLOYEE FIDUCIARY, LLC
2023EMPLOYEE FIDUCIARY, LLC

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

Administrative cost history3
2024$41,026 · 0.23%
2023$47,229 · 0.30%
2022$44,249 · 0.30%
Same employer
Similar plansManufacturing · Missouri
Triad Manufacturing, Inc MO$18.8M · 0.24%
Louisa Food Products, Inc. MO$18.7M · 0.01%
Magnet, LLC MO$17.9M · 0.19%
Control Devices, LLC MO$17.7M · 0.67%
O'Fallon Casting, LLC MO$17.7M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431199089 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.