Plan Ledger DOL Form 5500 · updated monthly

Dnv Gl USA, Inc.401(k)

DNV GL USA, INC. 401(K) PLAN · KATY, TX · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Dnv Gl USA, Inc. reported $574,654 in plan administrative expenses for 2024: 0.12% of average plan assets, above the peer median. Employer contributions averaged $6,608 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 0.09% to 0.12%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 198th-largest of 5,688 plans among Texas employers on file, and the 343rd of 11,654 in professional & technical services. In 2024, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$518,902,672
Participants with balances2,625
Active participants1,738
Employer contributions$11,484,873
Employee contributions$21,462,743
Employer contribution per active participant$6,608
Average account balance$197,677
Benefits paid to participants$42,091,504
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$518.9M · 2,625 accts · $11.5M emplr
2023$456.2M · 2,612 accts · $9.7M emplr
2022$377.7M · 2,546 accts · $8.7M emplr
The Dnv Gl USA, Inc. 401(k) match · 2024
Employer contribution per active participant$6,608
Median for plans this size$4,294
2024$6,608 per active participant
2023$5,788 per active participant
2022$5,481 per active participant

Dnv Gl USA, Inc.'s 2024 employer contribution ran above the $4,294 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 · 20244
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$163,139
VANGUARD ADVISERS INC. · Investment advisory (participants)$196,898
ALLIANT RETIREMENT SVCS LLC · Consulting · Investment advisory (plan)$190,667
MELTON & MELTON LLP$28,000

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$574,654 · 0.12%
2023$362,597 · 0.09%
2022$383,993 · 0.09%
Same employer
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Testing Holdings USA, Inc. TX$811.3M · 0.12%
Atos TX$777.8M · 0.10%
Vinson & Elkins L.L.P. TX$555.9M · 0.15%
Lja Engineering, Inc. TX$437.4M · 0.05%
Baker Botts L.L.P. TX$392.1M · 0.05%
Ryan, LLC TX$387.2M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760187362 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.