Plan Snapshot
- Plan Sponsor: Derr Flooring Co.
- Sponsor EIN: 230520810
- Sponsor Address: 525 DAVISVILLE RD, WILLOW GROVE, PA, 19090
- Plan Type: 401(k)
- Total Participants: 133
- Total Assets: $24.9M
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 | 133 | $24.9M | $199,898 | $620,204 |
| 2023 | 135 | $23.7M | $221,013 | $651,750 |
| 2022 | 147 | $21.3M | $227,370 | $654,998 |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS | Investment Advisor | $23,817 | — | $23,817 |
| ADP, INC. | Recordkeeper | $19,674 | — | $19,674 |
| PRICEKUBECKA, PLLC | Auditor | $9,500 | — | $9,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS — Investment Advisor
- ADP, INC. — Recordkeeper
- PRICEKUBECKA, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,991
- Estimated Expense Ratio: 0.213% 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 | $52,992 | $33,318 | — | — | — |
| 2023 | $50,697 | $34,576 | — | — | — |
| 2022 | $17,419 | — | — | — | — |