Plan Snapshot
- Plan Sponsor: Detyens Shipyards, INC.
- Sponsor EIN: 570730948
- Sponsor Address: 1670 DRYDOCK AVENUE, NORTH CHARLESTON, SC, 29405
- Plan Type: 401(k)
- Total Participants: 235
- Total Assets: $16.6M
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 | 235 | $16.6M | $113,019 | $944,105 |
| 2023 | 250 | $15.1M | $109,220 | $869,311 |
| 2022 | 251 | $14.0M | $130,832 | $828,086 |
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 |
|---|---|---|---|---|
| DRAFFIN & TUCKER LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DRAFFIN & TUCKER LLC — 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 | $70,318 | — | — | — | — |
| 2023 | $66,325 | — | — | — | — |
| 2022 | $69,356 | — | — | — | — |