Plan Snapshot
- Plan Sponsor: Dem-Con Companies, LLC
- Sponsor EIN: 412008497
- Sponsor Address: 13020 DEM-CON DRIVE, SHAKOPEE, MN, 55379
- Plan Type: 401(k)
- Total Participants: 214
- Total Assets: $13.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2023 | 214 | $13.9M | $564,930 | $1.1M |
| 2022 | 182 | $10.2M | $464,014 | $934,959 |
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 |
|---|---|---|---|---|
| MORGAN STANLEY | Recordkeeper | — | $66,056 | $66,056 |
| TAX SHELTERED COMPENSATION INC | Other Service Provider | — | $11,198 | $11,198 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $77,254
- Estimated Expense Ratio: 0.554% 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 |
|---|---|---|---|---|---|
| 2023 | $1,685 | — | $1,685 | — | — |
| 2022 | $2,034 | — | $2,034 | — | — |