Plan Ledger DOL Form 5500 · updated monthly

Dival Safety Equipment, Inc.401(k)

DIVAL SAFETY EQUIPMENT, INC. 401(K) PLAN · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Dival Safety Equipment, Inc. reported $54,991 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $279 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 0.44% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 2,289th-largest of 5,648 plans among New York employers on file, and the 927th of 3,341 in other services. In 2024, employees put in $15.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,352,224
Participants with balances345
Active participants359
Employer contributions$100,001
Employee contributions$1,566,239
Employer contribution per active participant$279
Average account balance$67,688
Benefits paid to participants$4,372,832
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.4M · 345 accts · $100K emplr
2023$23.2M · 412 accts · $90K emplr
2022$17.9M · 361 accts · $170K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,991
Total administrative$54,991
The Dival Safety Equipment, Inc. 401(k) match · 2024
Employer contribution per active participant$279
Median for plans this size$2,416
2024$279 per active participant
2023$236 per active participant
2022$440 per active participant

Dival Safety Equipment, Inc.'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
NATIONWIDE · Contract administrator · Recordkeeping$7,685
NATIONWIDE · Contract administrator · Recordkeeping$397
LAWLEY RETIREMENT ADVISORS, LLC · Investment advisory (plan)$35,000
ACTUARIAL CONSULTING SERVICES, INC. · Contract administrator · Other services$15,034

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$54,991 · 0.24%
2023$34,081 · 0.17%
2022$72,873 · 0.44%
Same employer
Similar plansOther Services · New York
Nyc & Company, Inc. NY$24.5M · 0.49%
Child Mind Institute, Inc. NY$24.2M · 0.43%
Cooke School and Institute NY$24.0M · 0.42%
Nonprofit Finance Fund NY$22.8M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 161104585 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.