Plan Ledger DOL Form 5500 · updated monthly

Day Automation Systems, Inc.401(k)

DAY AUTOMATION SYSTEMS, INC. 401(K) PLAN · VICTOR, NY · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Day Automation Systems, Inc. reported $72,751 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $5,624 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 0.17% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,354th-largest of 5,648 plans among New York employers on file, and the 1,049th of 5,337 in construction. In 2024, employees put in $2.27 for every $1.00 the employer contributed; active participation has grown from 191 to 221 since 2022.

Plan summary
Net assets, end of year$50,636,053
Participants with balances224
Active participants221
Employer contributions$1,242,812
Employee contributions$2,823,244
Employer contribution per active participant$5,624
Average account balance$226,054
Benefits paid to participants$1,640,663
Plan auditUnmodified (clean) audit opinion
AuditorJAUFMANN & CENTOLA PC
Plan history3
Yearassets · accounts · employer contribution
2024$50.6M · 224 accts · $1.2M emplr
2023$41.0M · 202 accts · $978K emplr
2022$32.9M · 201 accts · $970K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,751
Investment management$20,000
Total administrative$72,751
The Day Automation Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$5,624
Median for plans this size$2,416
2024$5,624 per active participant
2023$5,149 per active participant
2022$5,078 per active participant

Day Automation Systems, Inc.'s 2024 employer contribution ran above the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$52,751
THE WATERFORD GROUP LLC · Investment advisory (plan)$20,000

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$72,751 · 0.16%
2023$57,785 · 0.16%
2022$59,026 · 0.17%
Same employer
Similar plansConstruction · New York
Bette & Cring, LLC NY$53.7M · 0.10%
Jwd Group, Inc. NY$53.0M · 0.00%
Iovino Enterprises, LLC NY$50.0M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161576146 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.