Plan Ledger DOL Form 5500 · updated monthly

Drucker & Falk, Inc.401(k)

DRUCKER & FALK, INC. 401(K) PLAN · NEWPORT NEWS, VA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Drucker & Falk, Inc. reported $11,890 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,480 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 0.04% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 605th-largest of 2,266 plans among Virginia employers on file, and the 361st of 2,096 in real estate & leasing. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has grown from 646 to 910 since 2022.

Plan summary
Net assets, end of year$38,700,971
Participants with balances893
Active participants910
Employer contributions$1,347,200
Employee contributions$2,831,794
Employer contribution per active participant$1,480
Average account balance$43,338
Benefits paid to participants$1,813,876
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.7M · 893 accts · $1.3M emplr
2023$31.1M · 449 accts · $1.0M emplr
2022$24.1M · 417 accts · $963K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,890
Total administrative$11,890
The Drucker & Falk, Inc. 401(k) match · 2024
Employer contribution per active participant$1,480
Median for plans this size$2,416
2024$1,480 per active participant
2023$1,403 per active participant
2022$1,491 per active participant

Drucker & Falk, Inc.'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,890

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$11,890 · 0.03%
2023$12,317 · 0.04%
2022$11,665 · 0.04%
Same employer
Similar plansReal Estate & Leasing · Virginia
Kettler, Inc. VA$46.9M · 0.29%
The Hhhunt Corporation VA$46.7M · 0.37%
S. L. Nusbaum Realty Co. VA$33.9M · 0.44%
Palms Associates, LLC VA$30.9M · 0.04%
Paradigm Management II LP VA$30.5M · 0.40%
The Caton Companies VA$29.8M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541859860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.