Plan Ledger DOL Form 5500 · updated monthly

Medical Depot, Inc.401(k)

DRIVE DEVILBISS HEALTHCARE 401(K) PLAN · PORT WASHINGTON, NY · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Medical Depot, Inc. reported $145,635 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $1,777 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 2 years on file its reported administrative ratio fell from 0.37% to 0.20%. 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 965th-largest of 5,648 plans among New York employers on file, and the 2,291st of 13,661 in manufacturing. In 2024, employees put in $3.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$77,581,689
Participants with balances931
Active participants864
Employer contributions$1,535,679
Employee contributions$5,436,840
Employer contribution per active participant$1,777
Average account balance$83,332
Benefits paid to participants$4,813,835
Plan auditUnmodified (clean) audit opinion
AuditorTRACHTENBERG & PAULKER
Plan history3
Yearassets · accounts · employer contribution
2024$77.6M · 931 accts · $1.5M emplr
2023$65.1M · 1,095 accts · $1.5M emplr
2022$58.1M · 1,086 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,414
Investment management$70,221
Total administrative$145,635
The Medical Depot, Inc. 401(k) match · 2024
Employer contribution per active participant$1,777
Median for plans this size$3,635
2024$1,777 per active participant
2023$1,729 per active participant
2022$1,702 per active participant

Medical Depot, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$67,545
RESOURCES INVESTMENT ADVISORS, LLC · Investment management$2,676

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$145,635 · 0.20%
2023$199,366 · 0.32%
2022$230,927 · 0.37%
Same employer
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Src Ventures, Inc. NY$88.0M · 0.06%
Tessy Plastics Corp NY$85.1M · 0.24%
Cutco Cutlery Corporation NY$82.7M · 0.16%
Curbell, Inc NY$77.1M · 0.10%
Loar Group Inc. NY$76.2M · 0.19%
Mohawk Fine Papers Inc. NY$76.1M · 0.09%
Steuben Foods, Inc. NY$75.4M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113525013 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.