Plan Snapshot
- Plan Sponsor: Dimerco Express (U.S.A.) Corp.
- Sponsor EIN: 953173161
- Sponsor Address: 133-33 BROOKVILLE BLVD SUITE 208, ROSEDALE, NY, 11422
- Plan Type: 401(k)
- Total Participants: 120
- Total Assets: $11.7M
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 | 120 | $11.7M | $181,251 | $882,903 |
| 2023 | 110 | $11.0M | $167,358 | $840,922 |
| 2022 | 89 | $10.8M | $166,897 | $810,531 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $27,072 | — | $27,072 |
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $23,562 | — | $23,562 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $50,634
- Estimated Expense Ratio: 0.434% 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 | $47,871 | $23,562 | — | — | — |
| 2023 | $44,603 | $22,482 | — | — | — |
| 2022 | $49,046 | $24,645 | $24,401 | — | — |