Plan Ledger DOL Form 5500 · updated monthly

Donatelle Plastics, Inc.401(k)

DONATELLE PLASTICS, INC. 401(K) SALARY REDUCTION PLAN · NEW BRIGHTON, MN · plan year 2023

Reported admin expense ratio · 2023
0.26%

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

Donatelle Plastics, Inc. reported $70,301 in plan administrative expenses for 2023: 0.26% of average plan assets, below the peer median. Employer contributions averaged $985 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 1 year on file its reported administrative ratio rose from 0.23% to 0.26%. 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 725th-largest of 1,918 plans among Minnesota employers on file, and the 4,731st of 13,661 in manufacturing. In 2023, employees put in $3.70 for every $1.00 the employer contributed; active participation has grown from 304 to 365 since 2022.

Plan summary
Net assets, end of year$28,051,237
Participants with balances281
Active participants365
Employer contributions$359,613
Employee contributions$1,332,341
Employer contribution per active participant$985
Average account balance$99,826
Benefits paid to participants$3,913,364
Plan auditUnmodified (clean) audit opinion
AuditorSMITH SCHAFER & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $219K emplr
2023$28.1M · 281 accts · $360K emplr
2022$25.6M · 276 accts · $319K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$70,301
Total administrative$70,301
The Donatelle Plastics, Inc. 401(k) match · 2023
Employer contribution per active participant$985
Median for plans this size$2,440
2023$985 per active participant
2022$1,050 per active participant

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

Service providers · 20234
CLIFTONLARSONALLEN WEALTH ADVISORS · Investment advisory (plan)$35,000
EMPOWER ADVISORY GROUP · Investment management$22,534
SMITH, SCHAFER & ASSOCIATES, LTD. · Accounting / audit$7,950

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

Administrative cost history3
2024Not separately reported
2023$70,301 · 0.26%
2022$67,167 · 0.23%
Same employer
Similar plansManufacturing · Minnesota
National Checking Company MN$28.6M · 0.02%
Tony Downs Foods Company MN$28.2M · 0.46%
Nortech Systems Inc. MN$27.9M · 0.38%
Schwing America, Inc. MN$27.8M · 0.02%
Cyberoptics Corporation MN$27.8M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411390376 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.