Plan Snapshot
- Plan Sponsor: Daikin Comfort Technologies Manufacturing, L.P.
- Sponsor EIN: 760423371
- Sponsor Address: 19001 KERMIER RD.,, WALLER, TX, 774848810
- Plan Type: 401(k)
- Total Participants: 12,035
- Total Assets: $635.3M
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 | 12,035 | $635.3M | $17.8M | $45.7M |
| 2023 | 11,080 | $529.9M | $10.7M | $40.9M |
| 2022 | 12,336 | $402.9M | $14.9M | $36.9M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $653,812 | — | $653,812 |
| STULB & ASSOCIATES, APAC | Auditor | $40,000 | — | $40,000 |
| MERCER INVESTMENTS LLC | INVESTMENT ADVISORY | $38,376 | — | $38,376 |
| MERCER | INVESTMENT ADVISORY | $38,036 | — | $38,036 |
| REHMANN ROBSON | ACCOUNTANT | $23,019 | — | $23,019 |
| WILLIAMS DISTRIBUTING CO | ACCOUNTANT | $15,000 | — | $15,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $808,243
- Estimated Expense Ratio: 0.127% 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 | $768,246 | $63,567 | $664,679 | $40,000 | — |
| 2023 | $765,150 | $62,103 | $642,672 | $60,375 | — |
| 2022 | $602,926 | $97,986 | $497,641 | — | $7,299 |