DAY AUTOMATION SYSTEMS, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 7931 RAE BLVD.,VICTOR,NY
  • Contact person: ROBERT ORMSBY
  • Phone: (585) 202-2084

Plan General Information


At the end of 2022, the total retirement plan assets of DAY AUTOMATION SYSTEMS, INC. 401(K) PLAN is $32,926,796.This plan was established in 2000.

At the end of 2022, the total number of retirement plan participants in DAY AUTOMATION SYSTEMS, INC. 401(K) PLAN is 219

In 2022, the average participant retirement account value for DAY AUTOMATION SYSTEMS, INC. 401(K) PLAN is $150,350

In 2022, the estimated average employee contribution amount per participant for DAY AUTOMATION SYSTEMS, INC. 401(K) PLAN is $11,405

In 2022, the estimated average employer match for an employee in DAY AUTOMATION SYSTEMS, INC. 401(K) PLAN is approximately $4,428

In 2022, DAY AUTOMATION SYSTEMS, INC. 401(K) PLAN allocates $969,823 to match its employees’ contributions, providing an employer match rate of 38.65% of their contributions

In 2022, the total retirement plan asset growth rate of DAY AUTOMATION SYSTEMS, INC. 401(K) PLAN is -7.23%

In 2022, the estimated aggregate retirement account investment gain/loss for DAY AUTOMATION SYSTEMS, INC. 401(K) PLAN is -16.89%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of DAY AUTOMATION SYSTEMS, INC. 401(K) PLAN is 0.18%.

Enrollment Features

DAY AUTOMATION SYSTEMS, INC. 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.