Demco New York 401(k) match, vesting and fees
What Demco New York's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | John Hancock New York | Schedule C ↗ |
| Independent auditor | Grossman St. Amour Cpas PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,874 defined-contribution plans in construction with 100 to 499 participants.
| Demco New York: employer contribution per participant | $1,556 | |
| Peer median | $2,411 |
| Demco New York: average balance | $76,087 | |
| Peer median | $61,921 |
| Demco New York: admin expenses ÷ assets | 0.72% | |
| Peer median | 0.39% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $12.1M at the end of plan year 2021 to $12.1M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 174 | $12.1M | $247K | $1,556 | 0.72% | Not published | Form 5500 ↗ |
| 2023 | 172 | $10.7M | $121K | $812 | 0.67% | Not published | Form 5500 ↗ |
| 2022 | 167 | $10.2M | $113K | $760 | 0.76% | Not published | Form 5500 ↗ |
| 2021 | 168 | $12.1M | $127K | $861 | 0.78% | Not published | Form 5500 ↗ |
Other Demco New York plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Demco New York Corp. Employee Stock Ownership Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Common questions
Does Demco New York match 401(k) contributions?
The match terms for the Demco 401(k) Retirement Savings & Investment Plan have not been published from its filing yet. The plan year 2024 filing reports $247K in employer contributions, about $1,556 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Demco New York 401(k) match vested?
The vesting schedule for the Demco 401(k) Retirement Savings & Investment Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Demco New York 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock New York. The plan administrator is Demco New York Corp..
I left Demco New York. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Demco New York Corp., (315) 437-7100) or the recordkeeper, John Hancock New York. The Demco New York old 401(k) page lists the contacts from every plan filing. Find an old Demco New York 401(k)
Data from the public Form 5500 annual reports Demco New York filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Demco New York. Not financial advice. Report a correction · Methodology