Plan Ledger DOL Form 5500 · updated monthly

Direct Wire & Cable Inc.401(k)

DIRECT WIRE & CABLE INC. 401(K) PROFIT SHARING AND TRUST · DENVER, PA · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Direct Wire & Cable Inc. reported $42,626 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $2,885 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 rose from 0.60% to 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Pennsylvania (2,762nd of 3,651), and 3,519th of 4,246 in wholesale trade. In 2024, employees put in $1.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,899,671
Participants with balances168
Active participants116
Employer contributions$334,606
Employee contributions$449,000
Employer contribution per active participant$2,885
Average account balance$35,117
Benefits paid to participants$919,791
Plan auditUnmodified (clean) audit opinion
AuditorRKL
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 168 accts · $335K emplr
2023$5.0M · 152 accts · $264K emplr
2022$3.7M · 152 accts · $256K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,665
Investment management$17,961
Total administrative$42,626
The Direct Wire & Cable Inc. 401(k) match · 2024
Employer contribution per active participant$2,885
Median for plans this size$1,313
2024$2,885 per active participant
2023$2,779 per active participant
2022$2,331 per active participant

Direct Wire & Cable Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EMPOWER ANNUITY INSURANCE COMPANY · Investment advisory (plan)$15,948
EMPOWER ADVISORY GROUP, LLC · Investment management$2,013

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$42,626 · 0.78%
2023$32,623 · 0.75%
2022$24,191 · 0.60%
Same employer
Similar plansWholesale Trade · Pennsylvania
Capp Management LLC PA$7.1M · 0.53%
Martin Oil Company PA$6.7M · 0.03%
Colours, Inc. PA$6.1M · 0.81%
B&I Auto Supply, Inc. PA$5.6M · 0.30%
Beatrice Holdings LP PA$5.1M · 0.16%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 232056879 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.