Plan Ledger DOL Form 5500 · updated monthly

Duraflame, Inc.401(k)

DURAFLAME, INC. 401(K) PLAN · HENDERSON, NV · plan year 2023

Reported admin expense ratio · 2023
0.27%

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

Duraflame, Inc. reported $47,813 in plan administrative expenses for 2023: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,087 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 0.26% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 135th-largest of 437 plans among Nevada employers on file, and the 6,029th of 13,661 in manufacturing. In 2023, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,494,549
Participants with balances205
Active participants392
Employer contributions$426,160
Employee contributions$910,729
Employer contribution per active participant$1,087
Average account balance$95,095
Benefits paid to participants$796,794
Plan auditUnmodified (clean) audit opinion
AuditorBOWMAN AND COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.0M · 178 accts · $375K emplr
2023$19.5M · 205 accts · $426K emplr
2022$16.4M · 211 accts · $396K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$7,250
Investment management$40,563
Total administrative$47,813
The Duraflame, Inc. 401(k) match · 2023
Employer contribution per active participant$1,087
Median for plans this size$2,440
2024$1,180 per active participant
2023$1,087 per active participant
2022$998 per active participant

Duraflame, Inc.'s 2023 employer contribution ran below the $2,440 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
RETIREMENT WELLNESS GROUP LLC · Investment advisory (plan)$34,349
EMPOWER ADVISORY GROUP, LLC · Investment management$6,214

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$83,957 · 0.44%
2023$47,813 · 0.27%
2022$45,423 · 0.26%
Same employer
Similar plansManufacturing · Nevada
Click Bond, Inc. NV$48.8M · 0.29%
Procaps Laboratories, Inc. NV$36.1M · 0.25%
May Manufacturing, LLC NV$27.5M · 0.24%
Bently Enterprises, LLC NV$26.4M · 0.01%
Pli Holdings, Inc. NV$14.3M · 1.02%
H&T Nevada, LLC NV$10.3M · 0.68%
Armand Agra, Inc. NV$10.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942840671 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.