Plan Ledger DOL Form 5500 · updated monthly

Dumac Business Systems, Inc.401(k)

DUMAC 401(K) RETIREMENT SAVINGS PLAN · EAST SYRACUSE, NY · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Dumac Business Systems, Inc. reported $54,855 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $2,343 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 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New York (3,001st of 5,648), and the 1,940th of 5,215 in retail trade. In 2024, employees put in $3.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,657,911
Participants with balances153
Active participants94
Employer contributions$220,248
Employee contributions$808,622
Employer contribution per active participant$2,343
Average account balance$95,803
Benefits paid to participants$696,659
Plan auditUnmodified (clean) audit opinion
AuditorBOWERS & COMPANY CPAS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.7M · 153 accts · $220K emplr
2023$12.5M · 147 accts · $198K emplr
2022$12.2M · 171 accts · $201K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,078
Investment management$22,777
Total administrative$54,855
The Dumac Business Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$2,343
Median for plans this size$2,416
2024$2,343 per active participant
2023$2,363 per active participant
2022$2,077 per active participant

Dumac Business Systems, Inc.'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$32,078
RBC WEALTH MANAGEMENT · Investment advisory (plan)$22,777

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$54,855 · 0.40%
2023$47,845 · 0.39%
2022$58,017 · 0.41%
Same employer
Similar plansRetail Trade · New York
Bmw of Manhattan, Inc. NY$15.7M · 0.41%
Jrsk, Inc. dba Away NY$15.5M · 0.48%
G & L Davis Meat Co., Inc. NY$15.3M · 0.04%
Diesel USA, Inc. NY$15.2M · 0.11%
Paperless Inc. NY$14.6M · 0.42%
Brunello Cucinelli USA Inc NY$14.1M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 150582459 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.