Plan Snapshot
- Plan Sponsor: Dawood Engineering INC
- Sponsor EIN: 251696385
- Sponsor Address: 1926 GOOD HOPE ROAD, ENOLA, PA, 17025
- Plan Type: 401(k)
- Total Participants: 110
- Total Assets: $12.8M
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 | 110 | $12.8M | $306,873 | $781,208 |
| 2023 | 132 | $11.3M | $320,532 | $803,347 |
| 2022 | 130 | $9.0M | $282,219 | $722,660 |
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 |
|---|---|---|---|---|
| BOYER & RITTER, LLC | Auditor | $26,600 | — | $26,600 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,600
- Estimated Expense Ratio: 0.208% 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 | $29,875 | — | — | $26,600 | — |
| 2023 | $14,625 | — | — | $12,800 | — |
| 2022 | $2,825 | — | $2,825 | — | — |