Plan Snapshot
- Plan Sponsor: Danville Metal Stamping Company, INC.
- Sponsor EIN: 370637099
- Sponsor Address: 20 OAKWOOD AVENUE, DANVILLE, IL, 61832
- Plan Type: 401(k)
- Total Participants: 348
- Total Assets: $22.9M
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 | 348 | $22.9M | $457,121 | $887,355 |
| 2023 | 333 | $20.5M | $455,085 | $870,060 |
| 2022 | 327 | $19.8M | $444,552 | $850,084 |
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 |
|---|---|---|---|---|
| MERILL LYNCH - EPS | RIA | $20,936 | — | $20,936 |
| MERILL LYNCH - FAS | RIA | $20,936 | — | $20,936 |
| CLIFTON LARSON ALLEN, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTON LARSON ALLEN, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,872
- Estimated Expense Ratio: 0.183% 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 | $98,821 | — | $98,821 | — | — |
| 2023 | $93,367 | — | $93,367 | — | — |
| 2022 | $105,058 | $40,980 | $6,240 | — | $57,838 |