Plan Ledger DOL Form 5500 · updated monthly

Dr. Martens401(k)

DR. MARTENS 401(K) RETIREMENT PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Dr. Martens reported $60,333 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,309 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 fell from 0.29% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 333rd-largest of 1,021 plans among Oregon employers on file, and the 1,644th of 4,246 in wholesale trade. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has grown from 613 to 1,029 since 2022.

Plan summary
Net assets, end of year$23,736,531
Participants with balances1,028
Active participants1,029
Employer contributions$1,347,379
Employee contributions$2,340,976
Employer contribution per active participant$1,309
Average account balance$23,090
Benefits paid to participants$5,285,416
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.7M · 1,028 accts · $1.3M emplr
2023$22.1M · 1,047 accts · $1.4M emplr
2022$17.8M · 899 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,138
Investment management$44,195
Total administrative$60,333
The Dr. Martens 401(k) match · 2024
Employer contribution per active participant$1,309
Median for plans this size$2,416
2024$1,309 per active participant
2023$1,752 per active participant
2022$2,020 per active participant

Dr. Martens's 2024 employer contribution ran below the $2,416 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 · 20242
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$44,195
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$16,138

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$60,333 · 0.26%
2023$58,131 · 0.29%
2022$53,306 · 0.29%
Same employer
Similar plansWholesale Trade · Oregon
Western Partitions, Inc. OR$26.0M · 0.15%
Bridgewell Resources LLC OR$24.6M · 0.08%
Pacific Coast Fruit Company OR$22.3M · 0.71%
Rm Distributors, LLC OR$21.9M · 0.04%
Z&Z Holding Company, Inc. OR$20.5M · 0.36%
United Tile Co., Inc. OR$17.8M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 931227085 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.