Leo a Daly Company 401(k) Review & Grade
Leo A. Daly Retirement Savings and Investment Trust
Omaha, NEProfessional, Scientific & Technical Services764 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,835Employer $ per active participant
$10,843Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$172.6MNet plan assets, end of year
$137,008Average balance per account
Score breakdown
- Employer generosity31.0 / 5062th percentile for employer $ per participant
- Low cost18.1 / 2573th percentile for low admin cost vs. same-size plans
- Employee saving9.9 / 1566th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score69 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 62th |
| Lower admin cost | 73th |
| Employee saving | 66th |
| Peers that auto-enroll | 48% |
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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
- Leo a Daly put in about $3,835 per active participant, more than the typical peer ($3,082). 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.
- 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $2,927,960 |
| Participant (employee) contributions | $8,278,459 |
| Other contributions (incl. rollovers in) | $757,027 |
| Administrative expenses paid from the plan | $177,153 |
| Contract administrator fees | $177,153 |
| Benefits paid out | $20,346,563 |
| Net assets, start / end of year | $159.8M / $172.6M |
| Active participants, start / end of year | 761 / 766 |
| Participants with account balances | 1,260 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Frankel LLC |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $188,767 reported compensation |
| Qdro Consultants Company, LLC | $300 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251203142406NAL0000506883001, received 2025-12-03, EIN 47-0363104, plan #001, plan year 2024-03-01 to 2025-02-28. Verify at efast.dol.gov.