Plan Ledger DOL Form 5500 · updated monthly

Douron, Inc.401(k)

DOURON, INCORPORATED 401(K) RATE GROUP PROFIT SHARING PLAN AND TRUST · OWINGS MILLS, MD · plan year 2023

Reported admin expense ratio · 2023
0.72%

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

Douron, Inc. reported $70,145 in plan administrative expenses for 2023: 0.72% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.64% to 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Maryland (978th of 1,671), and 8,612th of 13,661 in manufacturing. In 2023, employees put in $55982.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,387,694
Participants with balances162
Active participants113
Employer contributions$11
Employee contributions$615,808
Employer contribution per active participant$0
Average account balance$64,122
Benefits paid to participants$1,207,585
Plan auditUnmodified (clean) audit opinion
AuditorGRANDIZIO, WILKINS, LITTLES & MATTH
Plan history2
Yearassets · accounts · employer contribution
2023$10.4M · 162 accts · $11 emplr
2022$9.1M · 172 accts · $82K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$35,673
Investment management$34,472
Total administrative$70,145
The Douron, Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308
2023$0 per active participant
2022$686 per active participant

Douron, Inc.'s 2023 employer contribution ran below the $1,308 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 · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$35,673
RBC WEALTH MANAGEMENT · Investment advisory (participants)$34,472

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

Administrative cost history2
2023$70,145 · 0.72%
2022$64,509 · 0.64%
Similar plansManufacturing · Maryland
Mark/Trece, Inc. MD$11.7M · 0.26%
The Whalen Company MD$11.7M · 0.39%
Pompeian, Inc. MD$11.6M · 0.96%
Aw Industries, Inc. MD$11.4M · 0.10%
M & M Refrigeration, LLC MD$8.9M · 0.45%
Idt Biologika Corporation MD$8.5M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520889531 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.