Plan Snapshot
- Plan Sponsor: Danny Herman Trucking, INC.
- Sponsor EIN: 953030293
- Sponsor Address: PO BOX 55, MOUNTAIN CITY, TN, 37683
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 704
- Total Assets: $21.8M
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. |
|---|---|---|---|---|
| 2025 | 704 | $21.8M | $0 | $0 |
| 2024 | 544 | $19.3M | $312,317 | $2.8M |
| 2023 | 551 | $16.6M | $390,656 | $2.9M |
| 2022 | 540 | $13.1M | $308,024 | $2.5M |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | Other Service Provider | $73,212 | — | $73,212 |
| SHEPHERD FINANCIAL INVESTMENT ADVIS | Other Service Provider | $47,159 | — | $47,159 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $120,371
- Estimated Expense Ratio: 0.552% 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 |
|---|---|---|---|---|---|
| 2025 | $2,986,908 | $47,159 | $40,048 | — | — |
| 2024 | $82,538 | — | $82,538 | — | — |
| 2023 | $76,792 | $45,035 | $31,757 | — | — |
| 2022 | $82,813 | — | $82,813 | — | — |