Plan Snapshot
- Plan Sponsor: David S. Brown Enterprises, Ltd.
- Sponsor EIN: 521476857
- Sponsor Address: 100 PAINTERS MILL ROAD, STE 900, OWINGS MILLS, MD, 21117
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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 | 0 | $0 | $82,890 | $190,902 |
| 2023 | 167 | $16.5M | $343,769 | $885,180 |
| 2022 | 202 | $13.7M | $329,337 | $761,627 |
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 |
|---|---|---|---|---|
| JOHN HANCOCK RETIRMENT PLAN SVCS | RECORDKEEPER | $78,646 | — | $78,646 |
| FOUNDERS FINANCIAL SECURITIES | ADVISOR | $67,038 | — | $67,038 |
| NFP RETIREMENT, INC. | ADVISOR | $24,076 | — | $24,076 |
| BDO USA, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK RETIRMENT PLAN SVCS — RECORDKEEPER
- NFP RETIREMENT, INC. — ADVISOR
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $169,760
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 | $23,495 | — | $8,209 | — | — |
| 2023 | $84,880 | — | $39,323 | — | — |
| 2022 | $30,660 | $10,808 | $18,402 | — | — |