Plan Snapshot
- Plan Sponsor: Darling Consulting Group, INC.
- Sponsor EIN: 043106489
- Sponsor Address: TOWLE OFFICE BUILDING, NEWBURYPORT, MA, 01905
- Plan Type: 401(k)
- Total Participants: 160
- Total Assets: $56.4M
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. |
|---|---|---|---|---|
| 2024 | 160 | $56.4M | $1.3M | $2.0M |
| 2023 | 152 | $48.1M | $1.1M | $1.8M |
| 2022 | 131 | $38.2M | $929,035 | $1.5M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORD KEEPER | $137,484 | — | $137,484 |
| AMERIPRISE FINANCIAL SERVICES, INC. | SECURITIES BROKER | — | $112,282 | $112,282 |
| HARVEY & MARTIN | AUDITOR | $31,500 | — | $31,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORD KEEPER
- HARVEY & MARTIN — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $281,266
- Estimated Expense Ratio: 0.499% 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 | $168,984 | — | — | $31,500 | — |
| 2023 | $112,452 | — | — | — | — |
| 2022 | $118,480 | — | — | — | $15,500 |