Plan Ledger DOL Form 5500 · updated monthly

Dnp Imagingcomm America Corporation401(k)

DNP GROUP 401(K) RETIREMENT SAVINGS PLAN · CONCORD, NC · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Dnp Imagingcomm America Corporation reported $28,941 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,922 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 0.049%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 320th-largest of 2,005 plans among North Carolina employers on file, and the 2,702nd of 13,661 in manufacturing. In 2024, employees put in $2.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$62,407,636
Participants with balances640
Active participants535
Employer contributions$1,028,084
Employee contributions$2,397,062
Employer contribution per active participant$1,922
Average account balance$97,512
Benefits paid to participants$4,557,410
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.4M · 640 accts · $1.0M emplr
2023$56.5M · 682 accts · $975K emplr
2022$49.3M · 639 accts · $879K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,941
Total administrative$28,941
The Dnp Imagingcomm America Corporation 401(k) match · 2024
Employer contribution per active participant$1,922
Median for plans this size$3,635
2024$1,922 per active participant
2023$1,762 per active participant
2022$1,624 per active participant

Dnp Imagingcomm America Corporation'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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$28,941
CETERA ADVISOR NETWORKS INSURANCE S · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$28,941 · 0.05%
2023$30,618 · 0.06%
2022$28,247 · 0.05%
Same employer
Similar plansManufacturing · North Carolina
Hyosung Holdings USA, Inc NC$65.6M · 0.12%
Lc Industries NC$63.7M · 0.07%
Stanadyne LLC NC$62.9M · 0.11%
Stabilus, Inc. NC$59.6M · 0.22%
Bernhardt Furniture Company NC$57.7M · 0.29%
Amarr Company NC$55.0M · 0.05%
Blum, Inc. NC$54.3M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 621575799 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.