Plan Snapshot
- Plan Sponsor: Direct Auction Services, LLC
- Sponsor EIN: 264250602
- Sponsor Address: 208 SHIVEL DRIVE, HENDERSONVILLE, TN, 37075
- Plan Type: 401(k)
- Total Participants: 302
- Total Assets: $2.6M
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 | 302 | $2.6M | $0 | $124,803 |
| 2023 | 140 | $3.4M | $63,909 | $103,437 |
| 2022 | 471 | $3.0M | $12,691 | $76,834 |
| 2021 | 471 | $3.2M | $0 | $0 |
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 |
|---|---|---|---|---|
| BLANKENSHIP CPA GROUP PLLC | Auditor | $17,850 | — | $17,850 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BLANKENSHIP CPA GROUP PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,850
- Estimated Expense Ratio: 0.681% 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 | $147,306 | — | — | $17,850 | — |
| 2023 | $125,841 | — | — | $5,250 | — |
| 2022 | $74,719 | — | $64,919 | — | $9,800 |
| 2021 | $32,134 | — | $32,134 | — | — |