Plan Ledger DOL Form 5500 · updated monthly

Drb Enterprises, LLC401(k)

DRB ENTERPRISES, LLC 401K RETIREMENT PLAN · ROCKVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Drb Enterprises, LLC reported $177,521 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $2,918 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 0.42% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 322nd-largest of 1,671 plans among Maryland employers on file, and the 1,059th of 5,337 in construction. In 2024, employees put in $2.29 for every $1.00 the employer contributed; active participation has grown from 671 to 839 since 2022.

Plan summary
Net assets, end of year$49,725,915
Participants with balances749
Active participants839
Employer contributions$2,447,901
Employee contributions$5,608,079
Employer contribution per active participant$2,918
Average account balance$66,390
Benefits paid to participants$4,385,060
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$49.7M · 749 accts · $2.4M emplr
2023$39.7M · 650 accts · $2.2M emplr
2022$29.4M · 602 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$109,980
Investment management$67,541
Total administrative$177,521
The Drb Enterprises, LLC 401(k) match · 2024
Employer contribution per active participant$2,918
Median for plans this size$2,416
2024$2,918 per active participant
2023$2,966 per active participant
2022$3,176 per active participant

Drb Enterprises, LLC's 2024 employer contribution ran above 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
JOHN HANCOCK LIFE INSURANCE AGENCY · Recordkeeping · Investment management$4,618
KESTRA ADVISORY SERVICES · Investment advisory (participants)$67,541

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$177,521 · 0.40%
2023$150,432 · 0.44%
2022$125,927 · 0.42%
Same employer
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Boland Trane Services, Inc. MD$56.2M · 0.21%
Shapiro & Duncan Inc. MD$53.8M · 0.15%
Havtech Investments LLC MD$52.8M · 0.16%
Grunley Construction, Inc. MD$47.3M · 0.14%
Daniel G. Schuster, LLC MD$40.1M · 0.25%
McLean Contracting Company MD$39.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203419368 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.