Plan Snapshot
- Plan Sponsor: Daymark Recovery Services, INC.
- Sponsor EIN: 020707661
- Sponsor Address: 2129 STATESVILLE BLVD, SALISBURY, NC, 28147
- Plan Type: 403(b)
- Total Participants: 943
- Total Assets: $21.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 943 | $21.4M | $0 | $2.4M |
| 2023 | 855 | $18.4M | $392,672 | $1.8M |
| 2022 | 723 | $14.8M | $217,766 | $1.6M |
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 |
|---|---|---|---|---|
| MARTIN STARNES & ASSOCIATES CPAS PA | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $154,606 | — | $131,743 | — | — |
| 2023 | $126,349 | — | $106,411 | — | — |
| 2022 | $139,246 | — | $139,246 | — | — |