Plan Ledger DOL Form 5500 · updated monthly

Dms Imaging Inc.401(k)

DMS 401(K) PLAN · WEST FARGO, ND · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Dms Imaging Inc. reported $14,891 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $934 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 0.02% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 108th-largest of 279 plans among North Dakota employers on file, and the 3,463rd of 11,911 in health care & social assistance. In 2024, employees put in $5.76 for every $1.00 the employer contributed; active participation has grown from 155 to 171 since 2022.

Plan summary
Net assets, end of year$21,808,340
Participants with balances171
Active participants171
Employer contributions$159,699
Employee contributions$920,315
Employer contribution per active participant$934
Average account balance$127,534
Benefits paid to participants$2,177,155
Plan auditUnmodified (clean) audit opinion
AuditorPYA, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$21.8M · 171 accts · $160K emplr
2023$19.6M · 180 accts · $125K emplr
2022$17.1M · 170 accts · $120K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,891
Total administrative$14,891
The Dms Imaging Inc. 401(k) match · 2024
Employer contribution per active participant$934
Median for plans this size$2,416
2024$934 per active participant
2023$696 per active participant
2022$772 per active participant

Dms Imaging Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$14,891

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$14,891 · 0.07%
2023$3,512 · 0.02%
2022$3,196 · 0.02%
Similar plansHealth Care & Social Assistance · North Dakota
Anne Carlsen Center ND$26.6M · 0.35%
Dakota Boys and Girls Ranch ND$23.1M · 0.01%
Aldevron, LLC ND$20.1M · 0.57%
Sanford Bismarck ND$20.0M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450386364 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.