Plan Snapshot
- Plan Sponsor: Dan Cummins, INC.
- Sponsor EIN: 610523386
- Sponsor Address: 1020 MARTIN LUTHER KING BLVD., PARIS, KY, 40361
- Plan Type: 401(k)
- Total Participants: 418
- Total Assets: $14.3M
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 | 418 | $14.3M | $832,645 | $1.2M |
| 2023 | 387 | $12.4M | $776,934 | $1.3M |
| 2022 | 322 | $9.4M | $728,311 | $1.2M |
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 |
|---|---|---|---|---|
| HENDERSON HUTCHERSON & MCCULLOUGH | Auditor | — | — | $0 |
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 | $91,230 | — | — | — | — |
| 2023 | $79,113 | — | — | — | — |
| 2022 | $64,522 | — | — | — | — |