Plan Snapshot
- Plan Sponsor: Boys And Girls Club Of Delaware, INC.
- Sponsor EIN: 510068712
- Sponsor Address: 500 DARLEY RD, CLAYMONT, DE, 19703
- Plan Type: 401(k)
- Total Participants: 352
- Total Assets: $9.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 352 | $9.5M | $247,951 | $598,385 |
| 2023 | 317 | $8.6M | $226,168 | $525,483 |
| 2022 | 338 | $7.4M | $209,551 | $487,677 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| VEERY CAPITAL | Other Service Provider | $40,659 | $50 | $40,709 |
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $36,544 | — | $36,544 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $77,253
- Estimated Expense Ratio: 0.809% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $77,203 | $30,278 | $36,544 | — | — |
| 2023 | $59,734 | $7,819 | $49,234 | — | — |
| 2022 | $54,465 | — | $54,465 | — | — |