David Lerner Associates, Inc. 401(k) Plan: Login, Facts & Contact Information

David Lerner Associates, Inc. 401(k) Plan Facts

Plan name
DAVID LERNER ASSOCIATES, INC. 401K PLAN
Plan type
401(k) with employer contributions
Plan sponsor
DAVID LERNER ASSOCIATES, INC.
Participants
208 (163 active employees)
Former employees with a balance
37
Plan assets
$59,088,022 at Dec 31, 2024
Average account balance
$393,920 across 150 accounts
Employer contributions
$116,436 in plan year 2024 (8% of all contributions)
Recordkeeper
Transamerica Retirement Solutions
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1998
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window— Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 25, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.52 million went into the plan in contributions, $116,436 of it from the employer (8%).
  • $6.03 million was paid out to participants.
  • Investment and other income added $10.3 million.
  • Administrative expenses were $44,340, about $296 per account.

How the David Lerner Associates, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019379$44.2 million$157,243$4.50 million
2020282$46.7 million$136,098$3.08 million
2021249$53.6 million$125,741$4.29 million
2022239$44.6 million$127,494$3.29 million
2023225$53.4 million$121,922$1.92 million
2024208$59.1 million$116,436$6.03 million

David Lerner Associates, Inc. 401(k) Contact Information

Phone
516-921-4200
Mailing address
PO BOX 9006 477 JERICHO TURNPIKE, SYOSSET NY 117919006
Plan sponsor
DAVID LERNER ASSOCIATES, INC.
Employer identification number (EIN)
11-2374466
Plan number
001

Questions about the David Lerner Associates, Inc. 401(k)

Does David Lerner Associates, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $116,436, 8% of all contributions.

Does the David Lerner Associates, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the David Lerner Associates, Inc 401(k) plan?

208 participants at the start of plan year 2024, 163 of them active employees, and 37 former employees who still had money in the plan.

What is the average 401(k) balance at David Lerner Associates, Inc?

About $393,920 per account: $59.1 million in plan assets across 150 accounts with a balance at the end of plan year 2024.

Who manages the David Lerner Associates, Inc 401(k) accounts?

Transamerica (listed on the filing as TRANSAMERICA RETIREMENT SOLUTIONS) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at David Lerner Associates, Inc. How do I access my 401(k)?

Your account stays with Transamerica after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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