Delaware Park Management Company, LLC 401(k) Review & Grade
Delaware Park & Affiliates 401(k) Plan
Wilmington, DEAdministrative, Support & Staffing Services774 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$567Employer $ per active participant
$1,854Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$42.6MNet plan assets, end of year
$71,780Average balance per account
Score breakdown
- Employer generosity22.8 / 5046th percentile for employer $ per participant
- Low cost22.0 / 2588th percentile for low admin cost vs. same-size plans
- Employee saving7.6 / 1551th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score62 / 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 | 46th |
| Lower admin cost | 88th |
| Employee saving | 51th |
| 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
- Delaware Park Management Company put in about $567 per active participant, below the typical peer ($712). 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.
- 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.
- 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 | $438,557 |
| Participant (employee) contributions | $1,435,110 |
| Other contributions (incl. rollovers in) | $37,384 |
| Administrative expenses paid from the plan | $20,353 |
| Contract administrator fees | $9,718 |
| Other admin expenses | $10,635 |
| Benefits paid out | $6,095,858 |
| Net assets, start / end of year | $41.2M / $42.6M |
| Active participants, start / end of year | 771 / 777 |
| Participants with account balances | 594 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Ernst & Young US LLP |
Largest service providers (Schedule C)
| Kathmere Capital Management LLC | $63,567 reported compensation |
| Delaware Park Management Company LL | $23,000 reported compensation |
| Capital Group Retirement Plan Svcs. | $10,487 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009144039NAL0004003059001, received 2025-10-09, EIN 11-3790086, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.