Plan Snapshot
- Plan Sponsor: D. L. George & Sons Construction Company
- Sponsor EIN: 251373199
- Sponsor Address: 20 EAST SIXTH STREET, WAYNESBORO, PA, 17268
- Plan Type: 401(k)
- Total Participants: 245
- Total Assets: $8.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 245 | $8.5M | $309,401 | $563,588 |
| 2023 | 235 | $7.6M | $408,363 | $544,660 |
| 2022 | 249 | $6.7M | $400,559 | $592,568 |
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 |
|---|---|---|---|---|
| ALERUS FINANCIAL | Recordkeeper | $25,618 | — | $25,618 |
| CBIZ RETIREMENT PLAN SERVICES | Investment Advisor | $16,107 | — | $16,107 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,725
- Estimated Expense Ratio: 0.490% 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 | $41,725 | $16,107 | $3,899 | — | — |
| 2023 | $38,272 | $14,958 | — | — | — |
| 2022 | $38,616 | — | $38,616 | — | — |