Plan Ledger DOL Form 5500 · updated monthly

Daycon Products Company, Inc.401(k)

DAYCON PRODUCTS COMPANY, INC. 401(K) PLAN · UPPER MARLBORO, MD · plan year 2022

Reported admin expense ratio · 2022
0.15%

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

Daycon Products Company, Inc. reported $28,538 in plan administrative expenses for 2022: 0.15% of average plan assets, below the peer median. Employer contributions averaged $2,456 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is the 758th-largest of 1,671 plans among Maryland employers on file, and 2,250th of 4,246 in wholesale trade. In 2022, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,219,521
Participants with balances159
Active participants161
Employer contributions$395,338
Employee contributions$621,879
Employer contribution per active participant$2,456
Average account balance$102,010
Benefits paid to participants$3,188,788
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $102K emplr
2022$16.2M · 159 accts · $395K emplr
Administrative expenses, itemized · 2022
Professional / advisory$28,538
Total administrative$28,538
The Daycon Products Company, Inc. 401(k) match · 2022
Employer contribution per active participant$2,456
Median for plans this size$2,266

Daycon Products Company, Inc.'s 2022 employer contribution ran above 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.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$28,538 · 0.15%
Same employer
Similar plansWholesale Trade · Maryland
S.H. Tevis & Son Inc. MD$17.0M · 0.46%
Saval Foods Corporation MD$15.9M · 0.31%
Katcef Brothers, Inc. MD$15.8M · 0.58%
S. Freedman & Sons, Inc. MD$15.8M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520747582 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.