Plan Snapshot
- Plan Sponsor: Direct Mail Processors, INC.
- Sponsor EIN: 510340880
- Sponsor Address: 1150 CONRAD CT, HAGERSTOWN, MD, 217405905
- Plan Type: 401(k)
- Total Participants: 311
- Total Assets: $7.8M
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 | 311 | $7.8M | $86,739 | $261,089 |
| 2023 | 319 | $7.5M | $86,537 | $256,043 |
| 2022 | 314 | $7.0M | $80,227 | $260,421 |
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 |
|---|---|---|---|---|
| J. DAVIS, CPA-AC | Auditor | — | — | $0 |
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 | $44,933 | $18,526 | — | — | — |
| 2023 | $42,255 | $17,372 | — | — | — |
| 2022 | $34,825 | — | $34,825 | — | — |