Plan Ledger DOL Form 5500 · updated monthly

Deringer-Ney Inc.401(k)

DERINGER-NEY INC. 401(K) AND PROFIT SHARING PLAN · BLOOMFIELD, CT · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Deringer-Ney Inc. reported $14,675 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,684 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 3 years on file its reported administrative ratio has held roughly steady near 0.023%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 257th-largest of 1,106 plans among Connecticut employers on file, and the 2,589th of 13,661 in manufacturing. In 2024, the employer put in $1.24 for every $1.00 employees contributed themselves; active participation has shrunk from 309 to 265 since 2022.

Plan summary
Net assets, end of year$65,500,387
Participants with balances348
Active participants265
Employer contributions$1,771,285
Employee contributions$1,423,269
Employer contribution per active participant$6,684
Average account balance$188,220
Benefits paid to participants$5,914,997
Plan auditUnmodified (clean) audit opinion
AuditorMARTIN & MARTIN CPAS LTD
Plan history3
Yearassets · accounts · employer contribution
2024$65.5M · 348 accts · $1.8M emplr
2023$61.2M · 368 accts · $1.5M emplr
2022$56.6M · 364 accts · $1.6M emplr
The Deringer-Ney Inc. 401(k) match · 2024
Employer contribution per active participant$6,684
Median for plans this size$3,635
2024$6,684 per active participant
2023$5,184 per active participant
2022$5,250 per active participant

Deringer-Ney Inc.'s 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$15,095

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$14,675 · 0.02%
2023$15,102 · 0.03%
2022$14,109 · 0.02%
Same employer
Similar plansManufacturing · Connecticut
Cnc Software, Inc. CT$71.2M · 0.22%
Photronics, Inc. CT$70.0M · 0.07%
Winchester Interconnect CT$68.2M · 0.11%
Precision Resource Inc CT$62.1M · 0.13%
Pcx Aerostructures, LLC CT$61.8M · 0.16%
Sunny Delight Beverages Co. CT$61.2M · 0.10%
Hanwha Aerospace USA LLC CT$55.1M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362162305 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.