Plan Ledger DOL Form 5500 · updated monthly

Distribution Technology, Inc.401(k)

DISTRIBUTION TECHNOLOGY INC 401(K) RETIREMENT PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Distribution Technology, Inc. reported $81,825 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $693 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 3 years on file its reported administrative ratio has held roughly steady near 0.87%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in North Carolina (1,144th of 2,005), and the 1,194th of 2,677 in transportation & warehousing. In 2024, employees put in $4.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,488,553
Participants with balances233
Active participants207
Employer contributions$143,508
Employee contributions$622,347
Employer contribution per active participant$693
Average account balance$40,723
Benefits paid to participants$1,460,722
Plan auditUnmodified (clean) audit opinion
AuditorBGW CPA CO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 233 accts · $144K emplr
2023$9.2M · 248 accts · $139K emplr
2022$8.0M · 223 accts · $130K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,183
Investment management$30,642
Total administrative$81,825
The Distribution Technology, Inc. 401(k) match · 2024
Employer contribution per active participant$693
Median for plans this size$1,313
2024$693 per active participant
2023$649 per active participant
2022$645 per active participant

Distribution Technology, Inc.'s 2024 employer contribution ran below the $1,313 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
ASCENSUS LLC · Loan processing · Recordkeeping$51,183
ONE DIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$27,850

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$81,825 · 0.87%
2023$70,781 · 0.82%
2022$73,161 · 0.83%
Same employer
Similar plansTransportation & Warehousing · North Carolina
Sos Global Express, Inc. NC$10.6M · 0.49%
E.J. Pope & Son, Inc. NC$8.7M · 0.04%
System Logistics Corp NC$7.7M · 0.56%
Sharp Transit, LLC NC$7.3M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560942638 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.