Plan Ledger DOL Form 5500 · updated monthly

Druley Enterprises Inc.401(k)

BELMONT BEVERAGE 401(K) SALARY REDUCTION PLAN & TRUST · FORT WAYNE, IN · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Druley Enterprises Inc. reported $20,422 in plan administrative expenses for 2024: 0.66% of average plan assets, above the peer median. Employer contributions averaged $446 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 rose from 0.58% to 0.66%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Indiana (1,297th of 1,562), and 4,250th of 5,215 in retail trade. In 2024, employees put in $1.16 for every $1.00 the employer contributed; active participation has grown from 171 to 202 since 2022.

Plan summary
Net assets, end of year$3,329,881
Participants with balances204
Active participants202
Employer contributions$90,000
Employee contributions$104,265
Employer contribution per active participant$446
Average account balance$16,323
Benefits paid to participants$82,346
Plan auditUnmodified (clean) audit opinion
AuditorHAINES ISENBARGER & SKIBA LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 204 accts · $90K emplr
2023$2.9M · 174 accts · $90K emplr
2022$2.6M · 165 accts · $80K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,760
Total administrative$20,422
The Druley Enterprises Inc. 401(k) match · 2024
Employer contribution per active participant$446
Median for plans this size$1,313
2024$446 per active participant
2023$486 per active participant
2022$468 per active participant

Druley Enterprises Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$662

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$20,422 · 0.66%
2023$17,170 · 0.63%
2022$14,718 · 0.58%
Similar plansRetail Trade · Indiana
C & S Inc. IN$3.8M
Pearson Ford, Inc. IN$3.7M · 0.86%
Evans Toyota, Inc. IN$3.7M · 0.13%
Skico, Inc. IN$3.2M · 0.40%
Baeslers, Inc. IN$2.8M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351181517 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.