Plan Ledger DOL Form 5500 · updated monthly

Durex Inc.401(k)

DUREX INC. EMPLOYEES 401(K) AND PROFIT SHARING PLAN · UNION, NJ · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

Durex Inc. reported $29,173 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $338 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 1.14% to 0.90%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Jersey (2,026th of 2,419), and 12,121st of 13,661 in manufacturing. In 2024, employees put in $3.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,288,170
Participants with balances186
Active participants163
Employer contributions$55,168
Employee contributions$168,667
Employer contribution per active participant$338
Average account balance$17,678
Benefits paid to participants$486,420
Plan auditUnmodified (clean) audit opinion
AuditorMEISEL TUTEUR & LEWIS PC
Plan history2
Yearassets · accounts · employer contribution
2024$3.3M · 186 accts · $55K emplr
2022$2.7M · 129 accts · $35K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,603
Investment management$9,570
Total administrative$29,173
The Durex Inc. 401(k) match · 2024
Employer contribution per active participant$338
Median for plans this size$1,313
2024$338 per active participant
2022$282 per active participant

Durex 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
ADP, INC. · Recordkeeping · Loan processing$19,603
WELLS FARGO · Recordkeeping · Trustee$9,570

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

Administrative cost history2
2024$29,173 · 0.90%
2022$36,152 · 1.14%
Similar plansManufacturing · New Jersey
The Fillo Factory Inc NJ$3.9M · 0.57%
Emmi Desserts USA, LLC NJ$3.8M · 0.93%
Istar Jewelry NJ$3.4M · 0.04%
Hoffmann-La Roche Inc. NJ$3.2M · 0.09%
Jpc Merger Sub LLC NJ$3.1M · 0.08%
Lm Foods LLC NJ$3.0M · 0.64%
Wytech Industries LLC NJ$2.8M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221426696 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.