The Day & Zimmermann Group, Inc. 401(k) Review & Grade
Day & Zimmermann Retirement Plan
Philadelphia, PAProfessional, Scientific & Technical Services4,271 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,405Employer $ per active participant
$5,963Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$487.3MNet plan assets, end of year
$134,024Average balance per account
Score breakdown
- Employer generosity21.1 / 5042th percentile for employer $ per participant
- Low cost13.9 / 2556th percentile for low admin cost vs. same-size plans
- Employee saving4.8 / 1532th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score33 / 100 · Grade D
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 2,500–9,999 active participants (231 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 42th |
| Lower admin cost | 56th |
| Employee saving | 32th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Day & Zimmermann Group put in about $2,405 per active participant, below the typical peer ($2,951). 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.
- 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 | $10,273,050 |
| Participant (employee) contributions | $25,466,163 |
| Other contributions (incl. rollovers in) | $5,407,973 |
| Administrative expenses paid from the plan | $500,919 |
| Contract administrator fees | $2,400 |
| Investment advisory & management fees | $53,934 |
| Other admin expenses | $5,000 |
| Benefits paid out | $81,413,121 |
| Net assets, start / end of year | $462.8M / $487.3M |
| Active participants, start / end of year | 4,158 / 4,384 |
| Participants with account balances | 3,636 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Fischer Cunnane Associates LTD |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $117,760 reported compensation |
| Capfinancial Partners LLC | $53,934 reported compensation |
| Morgan Lewis & Bockius LLP | $29,859 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251004154451NAL0003523584001, received 2025-10-04, EIN 23-3024522, plan #013, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.