Plan Ledger DOL Form 5500 · updated monthly

Davlyn Manufacturing Co., LLC401(k)

THE DAVLYN GROUP 401(K) PENSION PLAN · SPRING CITY, PA · plan year 2022

Employer contribution per participant · 2022
$1,814

Davlyn Manufacturing Co., LLC's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $13,150,705 across 167 participant accounts, with employer contributions averaging $1,814 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio rose from 0.38% to 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (2,008th of 3,651), and 7,672nd of 13,661 in manufacturing. In 2022, employees put in $2.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,150,705
Participants with balances167
Active participants171
Employer contributions$310,177
Employee contributions$720,084
Employer contribution per active participant$1,814
Average account balance$78,747
Benefits paid to participants$1,183,872
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITHBROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 181 accts · $316K emplr
2023$10.9M · 188 accts · $270K emplr
2022$13.2M · 167 accts · $310K emplr
The Davlyn Manufacturing Co., LLC 401(k) match · 2022
Employer contribution per active participant$1,814
Median for plans this size$2,266
2024$1,719 per active participant
2023$1,515 per active participant
2022$1,814 per active participant

Davlyn Manufacturing Co., LLC's 2022 employer contribution ran below the $2,266 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.

Administrative cost history3
2024$68,244 · 0.60%
2023$46,184 · 0.38%
2022Not separately reported
Similar plansManufacturing · Pennsylvania
Penn Recycling, Inc. PA$13.3M · 0.05%
Plastikos, Inc. PA$13.3M · 0.31%
Spray Products Corporation PA$13.3M · 0.32%
Allegheny Bradford Corp. PA$13.2M · 0.12%
Electron Energy Corporation PA$13.0M · 0.00%
Liberty Electronics, Inc. PA$12.9M · 0.45%
Frontida Biopharm, Inc. PA$12.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232153267 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.