Plan Ledger DOL Form 5500 · updated monthly

District Photo, Inc.401(k)

DISTRICT PHOTO, INC. 401(K) PLAN · BELTSVILLE, MD · plan year 2023

Reported admin expense ratio · 2023
0.37%

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

District Photo, Inc. reported $128,837 in plan administrative expenses for 2023: 0.37% of average plan assets, above the peer median. Employer contributions averaged $6,154 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 0.37% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 419th-largest of 1,671 plans among Maryland employers on file, and the 3,988th of 13,661 in manufacturing. In 2023, employees put in $1.94 for every $1.00 the employer contributed; active participation has shrunk from 829 to 116 since 2022.

Plan summary
Net assets, end of year$35,538,051
Participants with balances242
Active participants116
Employer contributions$713,814
Employee contributions$1,385,936
Employer contribution per active participant$6,154
Average account balance$146,851
Benefits paid to participants$6,011,609
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.5M · 581 accts · $691K emplr
2023$35.5M · 242 accts · $714K emplr
2022$34.7M · 634 accts · $721K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$78,837
Investment management$50,000
Total administrative$128,837
The District Photo, Inc. 401(k) match · 2023
Employer contribution per active participant$6,154
Median for plans this size$2,440
2024$908 per active participant
2023$6,154 per active participant
2022$869 per active participant

District Photo, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$78,837
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$50,000

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$124,096 · 0.35%
2023$128,837 · 0.37%
2022$141,479 · 0.37%
Same employer
Similar plansManufacturing · Maryland
Tate Access Floors, Inc. MD$39.7M · 0.25%
Phoenix Color Corp. MD$38.3M · 0.18%
Elite Spice, Inc. MD$37.8M · 0.32%
Beitzel Corporate Services MD$34.1M · 0.39%
Advanced Programs, Inc. MD$32.6M · 0.01%
Paul Reed Smith Guitars, LP MD$31.9M · 0.24%
Origene Technologies, Inc. MD$28.9M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521191617 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.