Plan Snapshot
- Plan Sponsor: Desco Corporation
- Sponsor EIN: 310869325
- Sponsor Address: 7795 WALTON PARKWAY, NEW ALBANY, OH, 43054
- Plan Type: 401(k)
- Total Participants: 463
- Total Assets: $38.1M
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. |
|---|---|---|---|---|
| 2024 | 463 | $38.1M | $819,195 | $2.1M |
| 2023 | 527 | $34.3M | $784,851 | $1.9M |
| 2022 | 471 | $32.3M | $690,503 | $1.7M |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $78,279 | — | $78,279 |
| NOYES ADVISORS LLC | INVESTMENT/FINANCIAL ADVI | $27,810 | — | $27,810 |
| HILL BARTH & KING LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- HILL BARTH & KING LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $106,089
- Estimated Expense Ratio: 0.278% 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 | $106,089 | $27,810 | — | — | — |
| 2023 | $94,561 | $25,488 | — | $186 | — |
| 2022 | $110,713 | — | — | — | — |