Dandelion Payments, Inc. 401(k) Plan 401(k) Review & Grade
Dandelion Payments, Inc. 401(k) Plan
Buena Park, CAFinance & Insurance1,418 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,574Employer $ per active participant
$4,967Employee $ saved per active participant
0.41%Direct admin cost, % of plan assets
$71.1MNet plan assets, end of year
$44,221Average balance per account
Score breakdown
- Employer generosity7.6 / 5015th percentile for employer $ per participant
- Low cost7.4 / 2530th percentile for low admin cost vs. same-size plans
- Employee saving3.4 / 1523th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score28 / 100 · Grade F
This plan vs. peers
Peers: Finance & Insurance plans with 500–2,499 active participants (754 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 15th |
| Lower admin cost | 30th |
| Employee saving | 23th |
| Peers that auto-enroll | 62% |
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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
- Dandelion Payments, Inc. 401(k) Plan put in about $1,574 per active participant, below the typical peer ($3,606). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- 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 | $2,232,920 |
| Participant (employee) contributions | $7,045,452 |
| Other contributions (incl. rollovers in) | $507,823 |
| Administrative expenses paid from the plan | $264,884 |
| Contract administrator fees | $264,884 |
| Benefits paid out | $5,426,033 |
| Net assets, start / end of year | $58.9M / $71.1M |
| Active participants, start / end of year | 1,410 / 1,427 |
| Participants with account balances | 1,607 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Miller Kaplan Arase, LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $264,883 reported compensation |
| All Seasons Investment Advisor, Inc | $105,297 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015140535NAL0005077073001, received 2025-10-15, EIN 22-2829900, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.