Plan Snapshot
- Plan Sponsor: Dearing Compressor & Pump Company
- Sponsor EIN: 340665113
- Sponsor Address: P.O. BOX 6044 3974 SIMON ROAD, YOUNGSTOWN, OH, 44512
- Plan Type: 401(k)
- Total Participants: 191
- Total Assets: $25.6M
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 | 191 | $25.6M | $913,884 | $1.2M |
| 2023 | 173 | $22.3M | $895,942 | $1.1M |
| 2022 | 178 | $20.9M | $516,399 | $1.1M |
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 |
|---|---|---|---|---|
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
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 | $85,410 | $35,952 | — | — | — |
| 2023 | $81,948 | $31,849 | — | — | — |
| 2022 | $75,514 | $33,795 | $37,054 | — | — |