Dietz & Watson, Inc. 401(k) Review & Grade
Dietz & Watson, Inc. Deferred Salary Savings Plan
Philadelphia, PAManufacturing594 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,607Employer $ per active participant
$3,414Employee $ saved per active participant
0.41%Direct admin cost, % of plan assets
$43.2MNet plan assets, end of year
$59,872Average balance per account
Score breakdown
- Employer generosity27.9 / 5056th percentile for employer $ per participant
- Low cost7.4 / 2530th percentile for low admin cost vs. same-size plans
- Employee saving4.3 / 1528th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score43 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 56th |
| Lower admin cost | 30th |
| Employee saving | 28th |
| Peers that auto-enroll | 59% |
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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
- Dietz & Watson put in about $2,607 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 (0.41% 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 | $1,550,002 |
| Participant (employee) contributions | $2,029,479 |
| Other contributions (incl. rollovers in) | $34,646 |
| Administrative expenses paid from the plan | $164,377 |
| Investment advisory & management fees | $53,284 |
| Benefits paid out | $2,775,297 |
| Net assets, start / end of year | $37.2M / $43.2M |
| Active participants, start / end of year | 579 / 610 |
| Participants with account balances | 721 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cbiz Cpas P.C. |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $124,463 reported compensation |
| Wells Fargo Advisors Fin Network LL | $29,998 reported compensation |
| Empower Advisory Group, LLC | $23,286 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014182726NAL0001749683001, received 2025-10-14, EIN 23-0526135, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.