Plan Snapshot
- Plan Sponsor: David Y. Martin Jr., LLC
- Sponsor EIN: 720700005
- Sponsor Address: 4221 BIENVILLE STREET, NEW ORLEANS, LA, 70119
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 122
- Total Assets: $13.1M
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 | 122 | $13.1M | $84,419 | $223,023 |
| 2023 | 121 | $11.8M | $71,561 | $190,673 |
| 2022 | 90 | $9.7M | $64,377 | $179,022 |
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 |
|---|---|---|---|---|
| LINCOLN RETIREMENT SERVICES | Custodian / Trustee | $31,492 | — | $31,492 |
| J.W. COLE INVESTMENT ADVISORS | Investment Advisor | $13,544 | — | $13,544 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN RETIREMENT SERVICES — Custodian / Trustee
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,036
- Estimated Expense Ratio: 0.345% 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 | $33,792 | — | $33,792 | — | — |
| 2023 | $5,654 | — | $5,654 | — | — |
| 2022 | $5,175 | — | $5,175 | — | — |