Daugherty Systems Inc 401(k) Review & Grade
Daugherty Systems, Inc. 401(k) Plan
ST Louis, MOProfessional, Scientific & Technical Services1,124 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,297Employer $ per active participant
$15,536Employee $ saved per active participant
0.21%Direct admin cost, % of plan assets
$210.3MNet plan assets, end of year
$152,475Average balance per account
Score breakdown
- Employer generosity26.9 / 5054th percentile for employer $ per participant
- Low cost13.0 / 2552th percentile for low admin cost vs. same-size plans
- Employee saving13.6 / 1591th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score54 / 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 | 54th |
| Lower admin cost | 52th |
| Employee saving | 91th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $258 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Daugherty Systems put in about $3,297 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.
- 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 | $3,703,701 |
| Participant (employee) contributions | $17,454,299 |
| Other contributions (incl. rollovers in) | $1,623,941 |
| Administrative expenses paid from the plan | $438,781 |
| Contract administrator fees | $438,781 |
| Benefits paid out | $43,230,984 |
| Net assets, start / end of year | $200.2M / $210.3M |
| Active participants, start / end of year | 1,346 / 901 |
| Participants with account balances | 1,379 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cliftonlarsonallen LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $438,781 reported compensation |
| Cetera Investment Advisers LLC | $229,414 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250923143049NAL0002609443001, received 2025-09-23, EIN 43-1447437, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.