Plan Snapshot
- Plan Sponsor: Daily Management, INC.
- Sponsor EIN: 592242825
- Sponsor Address: 16461 RACQUET CLUB ROAD, FORT LAUDERDALE, FL, 33326
- Plan Type: 401(k)
- Total Participants: 640
- Total Assets: $14.5M
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 | 640 | $14.5M | $576,446 | $1.2M |
| 2023 | 638 | $12.9M | $533,135 | $1.1M |
| 2022 | 553 | $10.7M | $492,328 | $943,547 |
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 |
|---|---|---|---|---|
| LAPADULA CARLSON AND CO | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LAPADULA CARLSON AND CO — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $90,199 | $38,849 | — | — | — |
| 2023 | $82,792 | $32,860 | — | — | — |
| 2022 | $82,276 | $82,276 | — | — | — |