Plan Snapshot
- Plan Sponsor: Dm Group, INC.
- Sponsor EIN: 540882390
- Sponsor Address: 5540 KETCH ROAD, PRINCE FREDERICK, MD, 206783406
- Plan Type: 401(k)
- Total Participants: 92
- Total Assets: $11.9M
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 | 92 | $11.9M | $0 | $320,347 |
| 2023 | 109 | $12.9M | $59,006 | $395,092 |
| 2022 | 126 | $11.3M | $59,976 | $347,482 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $28,870 | — | $28,870 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,870
- Estimated Expense Ratio: 0.242% 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 | $28,870 | — | $28,870 | — | — |
| 2023 | $48,376 | $28,887 | — | — | — |
| 2022 | $51,635 | — | — | — | $51,635 |