Plan Snapshot
- Plan Sponsor: D. M. Bowman, INC.
- Sponsor EIN: 520972610
- Sponsor Address: 10226 GOVERNOR LANE BLVD SUITE 4009, WILLIAMSPORT, MD, 21795
- Plan Type: 401(k)
- Total Participants: 443
- Total Assets: $13.8M
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 | 443 | $13.8M | $77,092 | $544,908 |
| 2023 | 497 | $16.3M | $97,516 | $774,157 |
| 2022 | 627 | $15.1M | $110,954 | $837,620 |
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 |
|---|---|---|---|---|
| GRANDIZIO, WILKENS, LITTLES & MATT, | Auditor | $11,150 | — | $11,150 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,150
- Estimated Expense Ratio: 0.081% 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 | $35,391 | $17,410 | — | $11,150 | — |
| 2023 | $36,189 | $4,532 | — | $11,150 | — |
| 2022 | $39,870 | $30,120 | — | — | $9,750 |