Plan Ledger DOL Form 5500 · updated monthly

Drust Markets, LLC401(k)

DRUST MARKETS, LLC 401K PROFIT SHARING PLAN · WALLINGFORD, CT · plan year 2023

Reported admin expense ratio · 2023
0.67%

Drust Markets, LLC reported $23,770 in plan administrative expenses for 2023: 0.67% 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 0.66% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Connecticut (964th of 1,106), and 4,139th of 5,215 in retail trade.

Plan summary
Net assets, end of year$3,723,099
Participants with balances146
Active participants210
Employer contributions—
Employee contributions$230,043
Employer contribution per active participant—
Average account balance$25,501
Benefits paid to participants$363,977
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 170 accts
2023$3.7M · 146 accts
2022$3.4M · 139 accts · $52 emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$15,474
Investment management$8,296
Total administrative$23,770
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
ADP, INC. · Loan processing · Recordkeeping$15,474
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Recordkeeping$8,296
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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Administrative cost history3
2024$25,792 · 0.70%
2023$23,770 · 0.67%
2022$23,719 · 0.66%
Similar plansRetail Trade · Connecticut
Premier Automotive CT$4.5M · 0.04%
Scs Direct Inc. CT$4.0M · 0.55%
Ct Gardens, LLC CT$3.4M · 0.09%
Hy Labonne & Sons, Inc CT$3.4M · 0.03%
Mitchells Auto Parts Inc CT$3.0M · 0.07%
Secor Auto Center Inc. CT$3.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061484808 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.