Plan Snapshot
- Plan Sponsor: D'Addario & Company, INC.
- Sponsor EIN: 112288999
- Sponsor Address: 595 SMITH STREET, FARMINGDALE, NY, 11735
- Plan Type: 401(k)
- Total Participants: 895
- Total Assets: $126.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 895 | $126.7M | $5.3M | $3.0M |
| 2023 | 845 | $116.5M | $5.2M | $3.1M |
| 2022 | 934 | $99.5M | -$436 | $2.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| NFP | INVESTMENT ADVISOR | $50,000 | — | $50,000 |
| WITHUMSMITH+BROWN, PC | PLAN SPONSOR | $18,640 | — | $18,640 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NFP — INVESTMENT ADVISOR
- WITHUMSMITH+BROWN, PC — PLAN SPONSOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $68,640
- Estimated Expense Ratio: 0.054% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $69,011 | — | — | $18,640 | — |
| 2023 | $30,697 | $50,000 | — | $18,720 | — |
| 2022 | $36,192 | — | — | — | — |