Data-Mail, Inc. 401(k) Review & Grade
Data-Mail 401(k) Retirement Savings Plan
Newington, CTAdministrative, Support & Staffing Services777 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,018Employer $ per active participant
$3,783Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$56.1MNet plan assets, end of year
$100,194Average balance per account
Score breakdown
- Employer generosity31.0 / 5062th percentile for employer $ per participant
- Low cost18.2 / 2573th percentile for low admin cost vs. same-size plans
- Employee saving10.4 / 1570th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score63 / 100 · Grade B
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 500–2,499 active participants (401 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 62th |
| Lower admin cost | 73th |
| Employee saving | 70th |
| Peers that auto-enroll | 27% |
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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
- Data-Mail put in about $1,018 per active participant, more than the typical peer ($712). 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.
- 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 | $790,858 |
| Participant (employee) contributions | $2,939,203 |
| Other contributions (incl. rollovers in) | $0 |
| Administrative expenses paid from the plan | $56,767 |
| Investment advisory & management fees | $50,278 |
| Benefits paid out | $5,990,577 |
| Net assets, start / end of year | $52.2M / $56.1M |
| Active participants, start / end of year | 763 / 791 |
| Participants with account balances | 560 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cohnreznick LLP |
Largest service providers (Schedule C)
| Usi Advisors Inc | $50,278 reported compensation |
| Fidelity Investments Institutional | $6,489 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250812140618NAL0007292355001, received 2025-08-12, EIN 06-0867563, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.