Bonadio & Co., LLP 401(k) Review & Grade
Bonadio & Co., LLP 401(k) & Profit Sharing Plan
Pittsford, NYProfessional, Scientific & Technical Services951 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,552Employer $ per active participant
$8,893Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$150.2MNet plan assets, end of year
$123,913Average balance per account
Score breakdown
- Employer generosity29.2 / 5058th percentile for employer $ per participant
- Low cost17.1 / 2569th percentile for low admin cost vs. same-size plans
- Employee saving7.3 / 1549th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score64 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 58th |
| Lower admin cost | 69th |
| Employee saving | 49th |
| Peers that auto-enroll | 48% |
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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
- Bonadio & Co., LLP put in about $3,552 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.
- 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 | $3,377,654 |
| Participant (employee) contributions | $8,457,554 |
| Other contributions (incl. rollovers in) | $2,241,940 |
| Administrative expenses paid from the plan | $173,855 |
| Investment advisory & management fees | $37,500 |
| Benefits paid out | $11,016,635 |
| Net assets, start / end of year | $129.0M / $150.2M |
| Active participants, start / end of year | 941 / 961 |
| Participants with account balances | 1,212 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | PKF O'connor Davies |
Largest service providers (Schedule C)
| Jpmorgan Invest Holdings LLC | $136,355 reported compensation |
| One Digital Topco LLC DBA Resources | $37,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007085319NAL0004342689001, received 2025-10-07, EIN 16-1131146, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.