Plan Ledger DOL Form 5500 · updated monthly

Dlc Management Corporation401(k)

DLC MANAGEMENT 401(K) PLAN · ELSMFORD, NY · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Dlc Management Corporation reported $32,492 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $2,099 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 0.21% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in New York (3,007th of 5,648), and the 864th of 2,096 in real estate & leasing. In 2024, employees put in $4.45 for every $1.00 the employer contributed; active participation has grown from 106 to 143 since 2022.

Plan summary
Net assets, end of year$14,600,785
Participants with balances190
Active participants143
Employer contributions$300,224
Employee contributions$1,334,688
Employer contribution per active participant$2,099
Average account balance$76,846
Benefits paid to participants$775,007
Plan auditUnmodified (clean) audit opinion
AuditorCORNICK, GARBER & SANDLER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 190 accts · $300K emplr
2023$10.7M · 157 accts · $177K emplr
2022$7.9M · 142 accts · $164K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,791
Investment management$1,701
Audit (IQPA)$24,000
Total administrative$32,492
The Dlc Management Corporation 401(k) match · 2024
Employer contribution per active participant$2,099
Median for plans this size$2,416
2024$2,099 per active participant
2023$1,488 per active participant
2022$1,548 per active participant

Dlc Management Corporation's 2024 employer contribution ran below the $2,416 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 · 20242
CORNICK, GARBER AND SANDLER, LLC · Accounting / audit$24,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$6,882

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$32,492 · 0.26%
2023$45,191 · 0.49%
2022$17,490 · 0.21%
Same employer
Similar plansReal Estate & Leasing · New York
Muss Development, LLC NY$16.1M · 0.15%
Dovedale Sales Corp. NY$16.0M · 0.34%
Grenadier Realty Corp NY$13.5M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133618297 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.