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Recordkeeping fees per participant · Designer Brands Inc. 401(k) Plan · plan year 2024
$55.56
Higher than 39% of the 5,847 plans $50 to 250M that report it.
= $191,833 / 3,453
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250821053702NAL0003975985001, received 2025-08-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250821053702NAL0003975985001, received 2025-08-21
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-08-21.
Administrative expenses excluding investment management, per participant
$55.56
Higher than 27% of the 8,758 plans $50 to 250M that report it.
= $191,833 / 3,453
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250821053702NAL0003975985001, received 2025-08-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250821053702NAL0003975985001, received 2025-08-21
Administrative expenses per participant
$86.31
Higher than 30% of the 9,042 plans $50 to 250M that report it.
= $298,016 / 3,453
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250821053702NAL0003975985001, received 2025-08-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250821053702NAL0003975985001, received 2025-08-21
Administrative expenses as a share of assets
0.123%
Higher than 45% of the 9,049 plans $50 to 250M that report it.
= $298,016 / $241,821,104
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250821053702NAL0003975985001, received 2025-08-21
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250821053702NAL0003975985001, received 2025-08-21
Employer contributions per participant
$1,927
Higher than 31% of the 9,105 plans $50 to 250M that report it.
= $6,654,897 / 3,453
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250821053702NAL0003975985001, received 2025-08-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250821053702NAL0003975985001, received 2025-08-21
Employer share of total contributions
28.6%
Higher than 46% of the 9,112 plans $50 to 250M that report it.
= $6,654,897 / $23,289,328
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250821053702NAL0003975985001, received 2025-08-21
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250821053702NAL0003975985001, received 2025-08-21
Employer match
“We help associates save for their retirement through a safe harbor 401(k) plan that includes an employer matching contribution of up to 4% of associate contributions that vest immediately.”
Form 10-K filed 2026-03-30, for the year ended 2026-01-31 · benefits note, 10-K benefits note · source document
Vesting
“We help associates save for their retirement through a safe harbor 401(k) plan that includes an employer matching contribution of up to 4% of associate contributions that vest immediately.”
Form 10-K filed 2026-03-30, for the year ended 2026-01-31 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2026-01-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3H controlled-group sponsor · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250821053702NAL0003975985001, received 2025-08-21
| Field | Value | Source |
|---|---|---|
| Plan sponsor | DESIGNER BRANDS INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Plan name | DESIGNER BRANDS INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Sponsor EIN / plan number | 31-0746639 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Sponsor location | COLUMBUS, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Industry (business code) | 448210, Retail trade | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Filing received | 2025-08-21 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Participants, beginning of year | 8,284 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Active participants | 10,332 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Participants, end of year | 11,355 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Participants with an account balance | 3,453 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Total assets, beginning of year | $227,255,209 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Total assets, end of year | $241,821,104 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Net assets, end of year | $241,821,104 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Total income | $53,417,954 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Net income | $14,565,895 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Employer contributions | $6,654,897 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Participant contributions | $15,038,890 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Other contributions (incl. rollovers) | $1,595,541 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Total contributions | $23,289,328 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Benefit payments | $38,526,622 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Total expenses (incl. benefit payments) | $38,852,059 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Total administrative expenses | $298,016 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Recordkeeping fees | $191,833 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Investment advisory and management fees | $106,183 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Administrative expenses excluding investment management | $191,833 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Held in common/collective trusts | $141,283,391 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Held in mutual funds | $96,084,494 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250821053702NAL0003975985001, received 2025-08-21 |
| Independent auditor | MEADEN & MOORE, LTD. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250821053702NAL0003975985001, received 2025-08-21 |
Position = column in the DOL layout for form year 2024. Filing 20250821053702NAL0003975985001, received 2025-08-21.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees | $191,833 | yes |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $106,184 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250821053702NAL0003975985001, received 2025-08-21.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $227,255,209 | $241,821,104 | 6.4% |
| Participants with a balance | 3,470 | 3,453 | -0.5% |
| Administrative expenses | $262,598 | $298,016 | 13.5% |
| Recordkeeping fees per participant | $51.00 | $55.56 | 8.9% |
| Employer contributions | $6,747,286 | $6,654,897 | -1.4% |
Prior filing 20240815104929NAL0028021202001, received 2024-08-15; the plan years are contiguous.
Sponsor name as filed: DESIGNER BRANDS INC.; SEC registrant: Designer Brands Inc. (CIK 1319947, matched by EIN; display name from the Form 10-K cover).