Plan Ledger DOL Form 5500 · updated monthly

The Dl Martin Co401(k)

THE DL MARTIN CO 401K PROFIT SHARING PLAN · MERCERSBURG, PA · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

The Dl Martin Co reported $13,370 in plan administrative expenses for 2023: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,203 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 3 years on file its reported administrative ratio has held roughly steady near 0.204%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (2,285th of 3,651), and 8,786th of 13,661 in manufacturing. In 2023, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,969,968
Participants with balances163
Active participants148
Employer contributions$178,001
Employee contributions$417,085
Employer contribution per active participant$1,203
Average account balance$61,165
Benefits paid to participants$590,791
Plan auditUnmodified (clean) audit opinion
AuditorSMITH ELLIOTT KEARNS & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 132 accts · $147K emplr
2023$10.0M · 163 accts · $178K emplr
2022$8.6M · 163 accts · $160K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,000
Investment management$109
Audit (IQPA)$8,811
Total administrative$13,370
The The Dl Martin Co 401(k) match · 2023
Employer contribution per active participant$1,203
Median for plans this size$1,308
2024$1,374 per active participant
2023$1,203 per active participant
2022$1,162 per active participant

The Dl Martin Co'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 · 20232
SMITH ELLIOTT KEARNS & CO., LLC$8,811
LPL FINANCIAL CORPORATIONindirect comp

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$19,014 · 0.20%
2023$13,370 · 0.14%
2022$16,936 · 0.20%
Same employer
Similar plansManufacturing · Pennsylvania
Sippel Co., Inc. PA$10.1M · 0.04%
Reitnouer, Inc. PA$10.1M · 0.70%
Stein Seal Company PA$10.1M · 0.32%
K-Fab, Inc. PA$9.9M · 0.93%
Aberdeen Road Company PA$9.9M · 0.28%
Chc Solutions, Inc. PA$9.8M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251185827 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.