Plan Ledger DOL Form 5500 · updated monthly

The Durham Co.401(k)

THE DURHAM COMPANY RETIREMENT SAVINGS PLAN · LEBANON, MO · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

The Durham Co. reported $26,279 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,293 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 0.062%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 350th-largest of 1,393 plans among Missouri employers on file, and the 3,432nd of 13,661 in manufacturing. In 2024, employees put in $1.70 for every $1.00 the employer contributed; active participation has grown from 674 to 862 since 2022.

Plan summary
Net assets, end of year$44,198,742
Participants with balances636
Active participants862
Employer contributions$1,114,616
Employee contributions$1,896,111
Employer contribution per active participant$1,293
Average account balance$69,495
Benefits paid to participants$4,537,666
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$44.2M · 636 accts · $1.1M emplr
2023$41.2M · 577 accts · $1.0M emplr
2022$38.4M · 594 accts · $937K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,279
Total administrative$26,279
The The Durham Co. 401(k) match · 2024
Employer contribution per active participant$1,293
Median for plans this size$2,416
2024$1,293 per active participant
2023$1,515 per active participant
2022$1,390 per active participant

The Durham Co.'s 2024 employer contribution ran below the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$26,278
SUNDVOLD FINANCIAL LLC · Other servicesindirect 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$26,279 · 0.06%
2023$26,352 · 0.07%
2022$25,080 · 0.06%
Same employer
Similar plansManufacturing · Missouri
Tacony Corporation MO$46.3M · 0.39%
Quaker Window Products Co MO$46.1M · 0.39%
Lico, Inc. MO$45.7M · 0.23%
Ipl US Holding Company MO$44.6M · 0.35%
Tnemec Company, Inc. MO$44.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430743043 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.