Plan Snapshot
- Plan Sponsor: Daniel Island Golf Club, LLC.
- Sponsor EIN: 571092225
- Sponsor Address: 600 ISLAND PARK DRIVE, CHARLESTON, SC, 29492
- Plan Type: 401(k)
- Total Participants: 155
- Total Assets: $7.0M
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 | 155 | $7.0M | $298,996 | $519,476 |
| 2023 | 144 | $5.6M | $286,900 | $478,893 |
| 2022 | 130 | $4.3M | $255,251 | $423,038 |
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 |
|---|---|---|---|---|
| ALERUS FINANCIAL | RECORD KEEPER | $10,283 | — | $10,283 |
| DCPAS, LLC DBA DAVIS & COMPANY CPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DCPAS, LLC DBA DAVIS & COMPANY CPAS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,283
- Estimated Expense Ratio: 0.147% 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 | $10,283 | $6,101 | — | — | — |
| 2023 | $8,769 | — | — | — | — |
| 2022 | $9,453 | $4,803 | $3,850 | — | — |