Plan Ledger DOL Form 5500 · updated monthly

Day Air Credit Union, Inc.401(k)

DAY AIR CREDIT UNION, INC. 401(K) PLAN · KETTERING, OH · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Day Air Credit Union, Inc. reported $53,220 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $3,465 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 fell from 0.74% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Ohio (1,968th of 3,295), and 3,952nd of 4,798 in finance & insurance. In 2024, employees put in $1.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,300,492
Participants with balances124
Active participants107
Employer contributions$370,802
Employee contributions$716,598
Employer contribution per active participant$3,465
Average account balance$83,068
Benefits paid to participants$499,286
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 124 accts · $371K emplr
2023$8.6M · 119 accts · $335K emplr
2022$7.0M · 123 accts · $301K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,756
Investment management$22,464
Total administrative$53,220
The Day Air Credit Union, Inc. 401(k) match · 2024
Employer contribution per active participant$3,465
Median for plans this size$1,313
2024$3,465 per active participant
2023$3,158 per active participant
2022$2,814 per active participant

Day Air Credit Union, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$30,756
EVERHART ADVISORS · Investment advisory (plan)$22,464

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$53,220 · 0.56%
2023$54,485 · 0.70%
2022$54,174 · 0.74%
Same employer
Similar plansFinance & Insurance · Ohio
Hauser, Inc. dba Hauser OH$11.6M · 0.15%
Guardian Savings Bank OH$11.6M · 0.27%
Branch Financial, Inc. OH$11.2M · 1.13%
Cinfed Credit Union OH$10.4M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310546041 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.