Plan Snapshot
- Plan Sponsor: Deangelis Diamond Construction, LLC
- Sponsor EIN: 650634426
- Sponsor Address: 6635 WILLOW PARK DRIVE, NAPLES, FL, 34109
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 421
- Total Assets: $36.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2025 | 421 | $36.0M | $0 | $0 |
| 2024 | 256 | $25.4M | $2.3M | $2.2M |
| 2023 | 220 | $18.9M | $2.2M | $1.9M |
| 2022 | 187 | $13.2M | $1.5M | $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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INS CO | Recordkeeper | $70,949 | — | $70,949 |
| RAYMOND JAMES | Investment Advisor | $40,070 | — | $40,070 |
| EMPOWER ADVISORY GRP LLC | Investment Advisor | $20,924 | — | $20,924 |
| FLORIDA RETIREMENT CONS | Other Service Provider | $6,567 | — | $6,567 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $138,510
- Estimated Expense Ratio: 0.385% 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 |
|---|---|---|---|---|---|
| 2025 | $1,796,677 | $60,994 | $6,567 | — | — |
| 2024 | $100,596 | $43,631 | $8,740 | — | — |
| 2023 | $76,145 | $33,527 | $4,002 | — | — |
| 2022 | $59,387 | $25,721 | $33,666 | — | — |