Plan Ledger DOL Form 5500 · updated monthly

Drm, Inc.401(k)

DRM, INC. 401(K) PLAN · OMAHA, NE · plan year 2023

Reported admin expense ratio · 2023
0.41%

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

Drm, Inc. reported $14,545 in plan administrative expenses for 2023: 0.41% of average plan assets, below the peer median. Employer contributions averaged $93 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 0.45% to 0.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Nebraska (489th of 565), and the 1,047th of 2,240 in accommodation & food services. In 2023, employees put in $6.85 for every $1.00 the employer contributed; active participation has grown from 470 to 533 since 2022.

Plan summary
Net assets, end of year$3,869,807
Participants with balances120
Active participants533
Employer contributions$49,707
Employee contributions$340,659
Employer contribution per active participant$93
Average account balance$32,248
Benefits paid to participants$419,883
Plan auditUnmodified (clean) audit opinion
AuditorLUTZ & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 115 accts · $36K emplr
2023$3.9M · 120 accts · $50K emplr
2022$3.3M · 128 accts · $49K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,625
Investment management$8,920
Total administrative$14,545
The Drm, Inc. 401(k) match · 2023
Employer contribution per active participant$93
Median for plans this size$1,308
2024$68 per active participant
2023$93 per active participant
2022$105 per active participant

Drm, 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 · 20233
KARSTENS INVESTMENT COUNSELS, INC. · Investment advisory (participants) · Investment advisory (plan)$5,842
NEWPORT GROUP, INC.$5,626
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$3,077

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$11,470 · 0.32%
2023$14,545 · 0.41%
2022$16,396 · 0.45%
Same employer
Similar plansAccommodation & Food Services · Nebraska
Runza National, Inc NE$16.8M · 0.37%
Boundless Enterprises, LLC NE$16.4M · 1.02%
Leonard Management NE$4.3M · 1.61%
Golden Moments LLC NE$3.1M · 0.30%
Mitchell Management NE$1.9M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421092759 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.