A.n. Deringer, Inc. 401(k) Review & Grade
A.n. Deringer, Inc.401(k) Plan
ST. Albans, VTProfessional, Scientific & Technical Services528 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,131Employer $ per active participant
$4,360Employee $ saved per active participant
0.36%Direct admin cost, % of plan assets
$60.6MNet plan assets, end of year
$99,545Average balance per account
Score breakdown
- Employer generosity25.4 / 5051th percentile for employer $ per participant
- Low cost8.6 / 2535th percentile for low admin cost vs. same-size plans
- Employee saving3.4 / 1522th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score47 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 51th |
| Lower admin cost | 35th |
| Employee saving | 22th |
| 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
- A.n. Deringer put in about $3,131 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.
- Direct plan expenses (0.36% 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.
- 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 | $1,653,050 |
| Participant (employee) contributions | $2,301,956 |
| Other contributions (incl. rollovers in) | $2,212,526 |
| Administrative expenses paid from the plan | $196,084 |
| Investment advisory & management fees | $100,737 |
| Benefits paid out | $2,363,334 |
| Net assets, start / end of year | $49.8M / $60.6M |
| Active participants, start / end of year | 526 / 530 |
| Participants with account balances | 609 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Mcsoley & Mccoy & Co |
Largest service providers (Schedule C)
| Morgan Stanley | $100,737 reported compensation |
| Standard Corp Financial Group | $95,347 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008130150NAL0005578849001, received 2025-10-08, EIN 03-0117050, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.