Dayton Freight Lines, Inc. 401(k) Review & Grade
Dayton Freight Lines, Inc. Employee 401(k) Retirement Plan
Dayton, OHTransportation & Warehousing5,724 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,542Employer $ per active participant
$5,504Employee $ saved per active participant
0.13%Direct admin cost, % of plan assets
$303.8MNet plan assets, end of year
$60,304Average balance per account
Score breakdown
- Employer generosity24.2 / 5048th percentile for employer $ per participant
- Low cost12.3 / 2549th percentile for low admin cost vs. same-size plans
- Employee saving9.8 / 1566th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score49 / 100 · Grade C
This plan vs. peers
Peers: Transportation & Warehousing plans with 2,500–9,999 active participants (123 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 48th |
| Lower admin cost | 49th |
| Employee saving | 66th |
| Peers that auto-enroll | 46% |
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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
- Dayton Freight Lines put in about $1,542 per active participant, below the typical peer ($1,834). 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- 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 | $8,828,890 |
| Participant (employee) contributions | $31,503,741 |
| Other contributions (incl. rollovers in) | $2,996,482 |
| Administrative expenses paid from the plan | $353,542 |
| Contract administrator fees | $3,000 |
| Other admin expenses | $38,174 |
| Benefits paid out | $31,444,670 |
| Net assets, start / end of year | $261.4M / $303.8M |
| Active participants, start / end of year | 5,527 / 5,921 |
| Participants with account balances | 5,038 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | RSM US LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $315,368 reported compensation |
| RSM US LLP | $23,174 reported compensation |
| Pensionmark Financial Group LLC | $15,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251006081704NAL0005673040001, received 2025-10-06, EIN 31-1000719, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.