Plan Ledger DOL Form 5500 · updated monthly

Docuware Corporation401(k)

DOCUWARE CORPORATION 401(K) SAVINGS PLAN · BEACON, NY · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Docuware Corporation reported $64,484 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,866 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 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,102nd of 5,648), and 6,873rd of 11,654 in professional & technical services. In 2024, employees put in $1.29 for every $1.00 the employer contributed; active participation has grown from 99 to 116 since 2022.

Plan summary
Net assets, end of year$13,825,792
Participants with balances142
Active participants116
Employer contributions$680,402
Employee contributions$876,820
Employer contribution per active participant$5,866
Average account balance$97,365
Benefits paid to participants$1,416,348
Plan auditUnmodified (clean) audit opinion
AuditorRBT CPAS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.8M · 142 accts · $680K emplr
2023$12.2M · 126 accts · $639K emplr
2022$9.6M · 123 accts · $578K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,885
Investment management$36,599
Total administrative$64,484
The Docuware Corporation 401(k) match · 2024
Employer contribution per active participant$5,866
Median for plans this size$2,416
2024$5,866 per active participant
2023$6,207 per active participant
2022$5,838 per active participant

Docuware Corporation's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
JOHN HANCOCK · Recordkeeping$27,885
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$36,599

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$64,484 · 0.49%
2023$53,536 · 0.49%
2022$52,484 · 0.51%
Similar plansProfessional & Technical Services · New York
Appellate Advocates NY$14.0M · 0.25%
Fractal Analytics, Inc. NY$13.9M · 0.48%
The Innocence Project, Inc. NY$13.9M · 0.05%
Simutech Group, Inc. NY$13.7M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141826943 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.