Danella Companies, Inc. 401(k) Review & Grade
The Danella Companies 401(k) Plan
Plymouth Meeting, PAConstruction1,610 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$212Employer $ per active participant
$987Employee $ saved per active participant
0.51%Direct admin cost, % of plan assets
$20.0MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity4.0 / 508th percentile for employer $ per participant
- Low cost5.6 / 2522th percentile for low admin cost vs. same-size plans
- Employee saving1.3 / 159th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score14 / 100 · Grade F
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 8th |
| Lower admin cost | 22th |
| Employee saving | 9th |
| Peers that auto-enroll | 44% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Danella Companies put in about $212 per active participant, below the typical peer ($1,672). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.51% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $341,363 |
| Participant (employee) contributions | $1,589,105 |
| Other contributions (incl. rollovers in) | $7,371 |
| Administrative expenses paid from the plan | $96,277 |
| Contract administrator fees | $62,487 |
| Investment advisory & management fees | $23,846 |
| Benefits paid out | $1,788,449 |
| Net assets, start / end of year | $17.5M / $20.0M |
| Active participants, start / end of year | 1,273 / 1,946 |
| Participants with account balances | 310 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Wipfli LLP |
Largest service providers (Schedule C)
| Newport Group, Inc. | $66,846 reported compensation |
| PNC Institutional Asset Management | $23,846 reported compensation |
| Newport Trust Company | $5,585 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250811174556NAL0006753763001, received 2025-08-11, EIN 23-1396417, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.