Plan Ledger DOL Form 5500 · updated monthly

Davin Healthcare Workforce Solutions, Inc401(k)

DAVIN HEALTHCARE WORKFORCE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN · SARATOGA SPRINGS, NY · plan year 2025

Reported admin expense ratio · 2025
0.91%

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

Davin Healthcare Workforce Solutions, Inc reported $61,337 in plan administrative expenses for 2025: 0.91% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,901 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 rose from 0.83% to 0.91%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (4,064th of 5,648), and 9,002nd of 11,654 in professional & technical services. In 2025, employees put in $2.81 for every $1.00 the employer contributed; active participation has shrunk from 122 to 90 since 2022.

Plan summary
Net assets, end of year$7,127,464
Participants with balances99
Active participants90
Employer contributions$171,132
Employee contributions$480,992
Employer contribution per active participant$1,901
Average account balance$71,995
Benefits paid to participants$777,213
Plan auditUnmodified (clean) audit opinion
AuditorTEAL BECKER & CHIARAMONTE
Plan history4
Yearassets · accounts · employer contribution
2025$7.1M · 99 accts · $171K emplr
2024$6.3M · 111 accts · $296K emplr
2023$5.6M · 137 accts · $330K emplr
2022$4.2M · 113 accts · $321K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$29,135
Investment management$16,101
Total administrative$61,337
The Davin Healthcare Workforce Solutions, Inc 401(k) match · 2025
Employer contribution per active participant$1,901
Median for plans this size$1,464
2025$1,901 per active participant
2024$3,079 per active participant
2023$3,088 per active participant
2022$2,631 per active participant

Davin Healthcare Workforce Solutions, Inc's 2025 employer contribution ran above the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$32,201
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$21,013
ORENDA RETIREMENT LLC · Contract administrator · Other services$8,125

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history4
2025$61,337 · 0.91%
2024$63,428 · 1.06%
2023$44,954 · 0.92%
2022$35,365 · 0.83%
All plans at this employer2
DAVIN HEALTHCARE WORKFORCE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN401(k)
DAVIN HEALTHCARE WORKFORCE SOLUTIONS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Similar plansProfessional & Technical Services · New York
Selip & Stylianou, LLP NY$7.1M · 0.11%
Greater Than One, Inc. NY$7.1M · 0.62%
The Doyle Group, Inc. NY$6.9M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200443075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.