Plan Snapshot
- Plan Sponsor: Day Automation Systems, INC.
- Sponsor EIN: 161576146
- Sponsor Address: 7931 RAE BLVD., VICTOR, NY, 14564
- Plan Type: 401(k)
- Total Participants: 221
- Total Assets: $50.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 221 | $50.6M | $1.2M | $2.8M |
| 2023 | 190 | $41.0M | $978,392 | $2.5M |
| 2022 | 191 | $32.9M | $969,823 | $2.5M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $52,751 | — | $52,751 |
| THE WATERFORD GROUP LLC | ADVISOR | $20,000 | — | $20,000 |
| JAUFMANN & CENTOLA PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- JAUFMANN & CENTOLA PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,751
- Estimated Expense Ratio: 0.144% 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 | $72,751 | $20,000 | — | — | — |
| 2023 | $57,785 | $20,000 | — | — | — |
| 2022 | $59,026 | — | — | — | — |