Plan Ledger DOL Form 5500 · updated monthly

Delafield Corporation401(k)

DELAFIELD CORPORATION 401(K) PROFIT SHARING PLAN & TRUST · DUARTE, CA · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Delafield Corporation reported $63,779 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $854 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 rose from 0.59% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,360th of 9,483), and 8,638th of 13,661 in manufacturing. In 2024, employees put in $5.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,325,508
Participants with balances116
Active participants105
Employer contributions$89,693
Employee contributions$521,752
Employer contribution per active participant$854
Average account balance$89,013
Benefits paid to participants$1,203,452
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 116 accts · $90K emplr
2023$9.8M · 119 accts · $81K emplr
2022$8.2M · 115 accts · $65K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,779
Total administrative$63,779
The Delafield Corporation 401(k) match · 2024
Employer contribution per active participant$854
Median for plans this size$2,416
2024$854 per active participant
2023$788 per active participant
2022$660 per active participant

Delafield Corporation's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$63,779
WELLS FARGO CLEARING SERVICES LLC · Other servicesindirect comp
WELLS FARGO ADVISORS INS AGENCY LLC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$63,779 · 0.63%
2023$54,440 · 0.61%
2022$52,721 · 0.59%
Similar plansManufacturing · California
Apricot Designs, Inc. CA$10.4M · 0.06%
Analytik Jena US LLC CA$10.4M · 0.01%
Aeye, Inc. CA$10.4M · 0.44%
True Organic Products, Inc. CA$10.3M · 0.12%
Flavor Producers, LLC CA$10.3M · 0.07%
Aalp, LLC CA$10.3M · 0.73%
Olukai LLC CA$10.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952105804 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.