Plan Snapshot
- Plan Sponsor: Dap Health
- Sponsor EIN: 330068583
- Sponsor Address: 1695 N. SUNRISE WAY, PALM SPRINGS, CA, 92262
- Plan Type: 401(k)
- Total Participants: 838
- Total Assets: $22.5M
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 | 838 | $22.5M | $2.9M | $3.9M |
| 2023 | 789 | $15.2M | $1.6M | $2.2M |
| 2022 | 248 | $9.0M | $772,079 | $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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS LLC | ADVISOR | $58,584 | — | $58,584 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $55,365 | — | $55,365 |
| COACHELLA VALLEY ACCOUNTING & AUDI | ACCOUNTANT/AUDITOR | $12,000 | — | $12,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $125,949
- Estimated Expense Ratio: 0.560% 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 | $125,949 | $58,584 | — | $12,000 | — |
| 2023 | $63,147 | $34,279 | — | — | — |
| 2022 | $74,744 | — | — | — | — |