Plan Ledger DOL Form 5500 · updated monthly

Discount Drug Mart, Inc.401(k)

DISCOUNT DRUG MART, INC. 401(K) PROFIT SHARING PLAN · MEDINA, OH · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Discount Drug Mart, Inc. reported $169,459 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $534 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 0.04% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 248th-largest of 3,295 plans among Ohio employers on file, and the 241st of 5,215 in retail trade. In 2024, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$169,443,611
Participants with balances1,344
Active participants4,662
Employer contributions$2,491,393
Employee contributions$4,731,112
Employer contribution per active participant$534
Average account balance$126,074
Benefits paid to participants$12,897,706
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$169.4M · 1,344 accts · $2.5M emplr
2023$164.6M · 1,337 accts · $2.5M emplr
2022$140.2M · 1,322 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$147,909
Investment management$21,550
Total administrative$169,459
The Discount Drug Mart, Inc. 401(k) match · 2024
Employer contribution per active participant$534
Median for plans this size$3,635
2024$534 per active participant
2023$564 per active participant
2022$519 per active participant

Discount Drug Mart, Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$163,154
TREETOP CONSULTING LLC · Investment management$6,255

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$169,459 · 0.10%
2023$44,763 · 0.03%
2022$54,527 · 0.04%
All plans at this employer2
DISCOUNT DRUG MART, INC. 401(K) PROFIT SHARING PLAN401(k)
DISCOUNT DRUG MART, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansRetail Trade · Ohio
Designer Brands Inc. OH$241.8M · 0.13%
Ta Operating LLC OH$183.1M · 0.44%
Jo-Ann Stores, LLC OH$182.7M · 0.11%
Carter-Jones Companies, Inc. OH$167.4M · 0.10%
Franchise Group, Inc. OH$158.2M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341032966 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.