Plan Snapshot
- Plan Sponsor: Dayco Incorporated
- Sponsor EIN: 231733979
- Sponsor Address: 401 S. OLD WOODWARD AVE, BIRMINGHAM, MI, 48009
- Plan Type: 401(k)
- Total Participants: 325
- Total Assets: $95.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 325 | $95.7M | $1.6M | $2.5M |
| 2023 | 378 | $93.8M | $1.5M | $2.5M |
| 2022 | 356 | $84.7M | $1.5M | $2.3M |
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 |
|---|---|---|---|---|
| T ROWE PRICE RPS INC | NONE | $102,009 | — | $102,009 |
| BERNARD ROBINSON & CO | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BERNARD ROBINSON & CO — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $102,009
- Estimated Expense Ratio: 0.107% 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 | $102,670 | — | — | — | — |
| 2023 | $95,065 | — | — | — | — |
| 2022 | $124,993 | — | — | — | $300 |