Plan Ledger DOL Form 5500 · updated monthly

Durham Exchange Club Industries, Inc.401(k)

DECI 401(K) PLAN · DURHAM, NC · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Durham Exchange Club Industries, Inc. reported $5,360 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $777 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 1 year on file its reported administrative ratio rose from 0.07% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in North Carolina (1,304th of 2,005), and 6,904th of 11,911 in health care & social assistance. In 2023, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,925,447
Participants with balances88
Active participants161
Employer contributions$125,142
Employee contributions$203,964
Employer contribution per active participant$777
Average account balance$78,698
Benefits paid to participants$554,906
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$6.9M · 88 accts · $125K emplr
2022$6.1M · 113 accts · $123K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,286
Trustee / custodial$2,074
Total administrative$5,360
The Durham Exchange Club Industries, Inc. 401(k) match · 2023
Employer contribution per active participant$777
Median for plans this size$1,308
2023$777 per active participant
2022$672 per active participant

Durham Exchange Club Industries, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$5,361

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

Administrative cost history2
2023$5,360 · 0.08%
2022$4,791 · 0.07%
Similar plansHealth Care & Social Assistance · North Carolina
Fmbcnc, LLC NC$7.4M · 0.30%
St. Luke's Hospital, Inc. NC$7.3M · 0.63%
Livhome, Inc. NC$6.8M · 1.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560858562 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.