Donaghy Sales, Inc. 401(k) Review & Grade
Donaghy Sales, Inc. 401(k) Profit Sharing Plan
Los Angeles, CAWholesale Trade734 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,908Employer $ per active participant
$5,136Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$66.8MNet plan assets, end of year
$71,739Average balance per account
Score breakdown
- Employer generosity41.5 / 5083th percentile for employer $ per participant
- Low cost22.9 / 2591th percentile for low admin cost vs. same-size plans
- Employee saving8.6 / 1558th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score76 / 100 · Grade A
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 83th |
| Lower admin cost | 91th |
| Employee saving | 58th |
| Peers that auto-enroll | 53% |
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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
- Donaghy Sales put in about $3,908 per active participant, more than the typical peer ($1,792). 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 | $2,866,826 |
| Participant (employee) contributions | $3,767,323 |
| Other contributions (incl. rollovers in) | $126,408 |
| Administrative expenses paid from the plan | $22,030 |
| Other admin expenses | $22,030 |
| Benefits paid out | $1,774,175 |
| Net assets, start / end of year | $54.9M / $66.8M |
| Active participants, start / end of year | 648 / 819 |
| Participants with account balances | 931 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Demera Demera Cameron LLP |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $26,440 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260514142555NAL0007470803001, received 2026-05-14, EIN 94-1649118, plan #001, plan year 2024-08-01 to 2025-07-31. Verify at efast.dol.gov.