Plan Snapshot
- Plan Sponsor: Davis Mail Services, INC.
- Sponsor EIN: 262864093
- Sponsor Address: 13464 GROVER RD., JACKSONVILLE, FL, 32226
- Plan Type: 401(k)
- Total Participants: 441
- Total Assets: $2.5M
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 | 441 | $2.5M | $502,636 | $114,889 |
| 2023 | 454 | $2.3M | $522,825 | $81,105 |
| 2022 | 458 | $2.2M | $562,828 | $77,910 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | NONE | $25,173 | — | $25,173 |
| PREMIER RETIREMENT PARTNERS | NONE | $20,220 | — | $20,220 |
| ASSURED PARTNERS CAPITAL INC | NONE | $14,212 | — | $14,212 |
| BAS PARTNERS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAS PARTNERS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,605
- Estimated Expense Ratio: 2.385% 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 | $60,788 | $15,581 | $20,220 | — | — |
| 2023 | $32,423 | $4,759 | $15,907 | $3,100 | — |
| 2022 | — | — | — | — | — |