Plan Ledger DOL Form 5500 · updated monthly

Direct Travel, Inc.401(k)

DIRECT TRAVEL 401(K) PLAN · CENTENNIAL, CO · plan year 2023

Reported admin expense ratio · 2023
0.26%

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

Direct Travel, Inc. reported $275,638 in plan administrative expenses for 2023: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,855 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 fell from 0.29% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other administrative & support services employers. By assets it is the 111th-largest of 1,461 plans among Colorado employers on file, and the 143rd of 2,534 in administrative & support services. In 2023, employees put in $3.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$121,392,633
Participants with balances1,444
Active participants998
Employer contributions$1,851,443
Employee contributions$7,230,991
Employer contribution per active participant$1,855
Average account balance$84,067
Benefits paid to participants$5,976,290
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$121.4M · 1,444 accts · $1.9M emplr
2022$93.4M · 1,410 accts · $1.6M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$24,457
Investment management$251,181
Total administrative$275,638
The Direct Travel, Inc. 401(k) match · 2023
Employer contribution per active participant$1,855
Median for plans this size$3,659
2023$1,855 per active participant
2022$1,638 per active participant

Direct Travel, Inc.'s 2023 employer contribution ran below the $3,659 median for plans its size, in the bottom 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 · 20234
WELLS FARGO · Recordkeeping · Pension consulting$149,344
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$101,836
ADP, INC. · Loan processing · Recordkeeping$24,457
ADP BROKER-DEALERindirect comp

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$275,638 · 0.26%
2022$260,979 · 0.29%
Same employer
Similar plansAdministrative & Support Services · Colorado
Vectrus Systems Corporation CO$240.2M · 0.22%
Bay Alarm Co. CA$122.4M
Upwork Inc. CA$121.8M · 0.12%
Gemini Group, Inc. MI$119.9M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453123475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.