Plan Ledger DOL Form 5500 · updated monthly

Durr Systems, Inc.401(k)

DURR SYSTEMS, INC. 401(K) PLAN · SOUTHFIELD, MI · plan year 2024

Employer contribution per participant · 2024
$4,568

Durr Systems, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $194,110,509 across 1,028 participant accounts, with employer contributions averaging $4,568 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 154th-largest of 2,619 plans among Michigan employers on file, and the 1,184th of 13,661 in manufacturing. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$194,110,509
Participants with balances1,028
Active participants800
Employer contributions$3,654,043
Employee contributions$7,731,403
Employer contribution per active participant$4,568
Average account balance$188,823
Benefits paid to participants$21,118,309
Plan auditUnmodified (clean) audit opinion
AuditorPLANTE AND MORAN, PLLC
Administrative expenses, itemized · 2024
Investment management$36,786
Total administrative-$53,397
The Durr Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$4,568
Median for plans this size$3,635

Durr Systems, Inc.'s 2024 employer contribution ran above the $3,635 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.

Service providers · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$36,786
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Same employer
Similar plansManufacturing · Michigan
Hutchinson Fms, Inc. MI$213.5M · 0.09%
L & L Products, Inc. MI$205.4M · 0.10%
Wolverine World Wide, Inc. MI$202.0M · 0.31%
Shape Corp Biosolutions, LLC MI$180.3M · 0.16%
Durr, Inc. MI$176.3M

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Source: U.S. Department of Labor, Form 5500 series, EIN 381961423 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.