Plan Snapshot
- Plan Sponsor: Diesel Equipment Company, INC.
- Sponsor EIN: 630477318
- Sponsor Address: PO BOX 241085, MONTGOMERY, AL, 36124
- Plan Type: 401(k)
- Total Participants: 372
- Total Assets: $17.7M
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 | 372 | $17.7M | $555,801 | $1.4M |
| 2023 | 367 | $16.1M | $514,994 | $1.3M |
| 2022 | 360 | $13.4M | $410,720 | $1.0M |
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 |
|---|---|---|---|---|
| ERISA SERVICES INC. | CONTRACT ADMIN | $375 | $20,933 | $21,308 |
| VOYA RETIREMENT INS. AND ANNUITY CO | SERVICE PROVIDER | $12,859 | — | $12,859 |
| VOYA RETIREMENT INS. AND ANNUITY CO | INVESTMENT ADVISORY / OTHER SERVICES | — | $10,013 | $10,013 |
| VOYA RETIREMENT ADVISORS, LLC | SERVICE PROVIDER | $7,395 | — | $7,395 |
| THE HIGHLANDS ACCOUNTING GROUP, INC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,575
- Estimated Expense Ratio: 0.291% 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 | $25,666 | — | $25,666 | — | — |
| 2023 | $19,668 | — | $19,668 | — | — |
| 2022 | $15,832 | — | $15,832 | — | — |