Plan Snapshot
- Plan Sponsor: D & M Contracting, INC.
- Sponsor EIN: 251803176
- Sponsor Address: 1868 LIONS CLUB ROAD, NEW ALEXANDRIA, PA, 156703085
- Plan Type: 401(k)
- Total Participants: 120
- Total Assets: $9.0M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 120 | $9.0M | $449,899 | $381,984 |
| 2023 | 119 | $7.9M | $440,046 | $410,731 |
| 2022 | 104 | $6.8M | $556,959 | $414,830 |
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 |
|---|---|---|---|---|
| COMMONWEALTH FINANCIAL NETWORK | Investment Advisor | $41,371 | — | $41,371 |
| ASCENSUS | Recordkeeper | $16,164 | $43 | $16,207 |
| M2B RETIREMENT CONSULTING LLC | Recordkeeper | $5,200 | — | $5,200 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- COMMONWEALTH FINANCIAL NETWORK — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $62,778
- Estimated Expense Ratio: 0.697% 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 | $62,735 | $41,371 | — | — | — |
| 2023 | $57,487 | $35,312 | — | — | — |
| 2022 | $62,137 | $41,600 | — | — | $20,537 |