Plan Ledger DOL Form 5500 · updated monthly

D'Addario & Company, Inc.401(k)

D'ADDARIO & COMPANY, INC. 401(K) PLAN · FARMINGDALE, NY · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

D'Addario & Company, Inc. reported $69,011 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,906 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 rose from 0.03% to 0.06%. 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 658th-largest of 5,648 plans among New York employers on file, and the 1,597th of 13,661 in manufacturing. In 2024, the employer put in $1.74 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$126,734,086
Participants with balances1,076
Active participants895
Employer contributions$5,285,965
Employee contributions$3,043,767
Employer contribution per active participant$5,906
Average account balance$117,783
Benefits paid to participants$10,748,324
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM SMITH + BROWN PC
Plan history3
Yearassets · accounts · employer contribution
2024$126.7M · 1,076 accts · $5.3M emplr
2023$116.5M · 1,119 accts · $5.2M emplr
2022$99.5M · 1,022 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$371
Audit (IQPA)$18,640
Total administrative$69,011
The D'Addario & Company, Inc. 401(k) match · 2024
Employer contribution per active participant$5,906
Median for plans this size$3,635
2024$5,906 per active participant
2023$6,179 per active participant

D'Addario & Company, 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.

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
NFP · Investment advisory (plan)$50,000
WITHUMSMITH+BROWN, PC · Accounting / audit$18,640

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$69,011 · 0.06%
2023$30,697 · 0.03%
2022$36,192 · 0.03%
Same employer
Similar plansManufacturing · New York
Inficon Inc. NY$136.9M · 0.04%
Combe Incorporated NY$127.9M · 0.05%
Ampacet Corporation NY$122.6M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 112288999 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.