Plan Ledger DOL Form 5500 · updated monthly

Drs Holdings, LLC401(k)

DRS HOLDINGS INCENTIVE SAVINGS PLAN · EDISON, NJ · plan year 2023

Reported admin expense ratio · 2023
0.54%

Drs Holdings, LLC reported $9,240 in plan administrative expenses for 2023: 0.54% of average plan assets, above the peer median. 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 rose from 0.38% to 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in New Jersey (2,160th of 2,419), and 2,101st of 2,199 in information & media. active participation has shrunk from 308 to 169 since 2022.

Plan summary
Net assets, end of year$1,824,774
Participants with balances116
Active participants169
Employer contributions—
Employee contributions$293,040
Employer contribution per active participant—
Average account balance$15,731
Benefits paid to participants$272,422
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.5M · 91 accts
2023$1.8M · 116 accts
2022$1.6M · 134 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,267
Investment management$3,973
Total administrative$9,240
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
UNITED OF OMAHA · Loan processing · Recordkeeping$5,267
STADION MONEY MANAGEMENT · Investment advisory (participants)$3,973
MUTUAL OF OMAHA · Other servicesindirect comp

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$10,169 · 0.60%
2023$9,240 · 0.54%
2022$7,129 · 0.38%
Similar plansInformation & Media · New Jersey
Resource Logistics Inc. NJ$4.4M · 0.17%
Bravo Workforce LLC NJ$3.3M · 0.42%
Newagesys, Inc. NJ$3.0M · 0.43%
Owmn, LTD. NJ$2.3M · 0.16%
Bevy Labs, Inc. CA$1.9M · 0.25%
Stage 29 Productions, LLC CA$1.9M · 0.83%
Community.com CA$1.9M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611870945 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.