Plan Ledger DOL Form 5500 · updated monthly

Dana-Co, LLC401(k)

DANA-CO, LLC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Dana-Co, LLC reported $48,127 in plan administrative expenses for 2024: 0.67% of average plan assets, above the peer median. Employer contributions averaged $1,334 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 0.67%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New York (4,040th of 5,648), and 3,321st of 4,246 in wholesale trade. In 2024, employees put in $2.80 for every $1.00 the employer contributed; active participation has grown from 106 to 121 since 2022.

Plan summary
Net assets, end of year$7,264,811
Participants with balances112
Active participants121
Employer contributions$161,376
Employee contributions$452,193
Employer contribution per active participant$1,334
Average account balance$64,864
Benefits paid to participants$1,355,674
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 112 accts · $161K emplr
2023$7.1M · 110 accts · $161K emplr
2022$5.7M · 106 accts · $171K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,127
Total administrative$48,127
The Dana-Co, LLC 401(k) match · 2024
Employer contribution per active participant$1,334
Median for plans this size$1,313
2024$1,334 per active participant
2023$1,278 per active participant
2022$1,609 per active participant

Dana-Co, LLC's 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$48,127 · 0.67%
2023$41,893 · 0.66%
2022$39,291 · 0.65%
Similar plansWholesale Trade · New York
Safavieh NY$7.6M · 0.04%
Vera Wang Group LLC NY$7.5M · 0.02%
Carnegie Fabrics, LLC NY$7.5M · 0.53%
Sovereign Brands LLC NY$7.2M · 0.04%
D 3 LLC NY$7.0M · 0.15%
Carlisle Etcetera LLC NY$6.8M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 233093071 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.