Plan Snapshot
- Plan Sponsor: Dmg, Incorporated Dba Malloy Electric
- Sponsor EIN: 460311385
- Sponsor Address: 809 W RUSSELL STREET, SIOUX FALLS, SD, 57104
- Plan Type: 401(k)
- Total Participants: 240
- Total Assets: $12.8M
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 | 240 | $12.8M | $663,897 | $898,487 |
| 2023 | 192 | $11.0M | $245,309 | $724,828 |
| 2022 | 179 | $10.1M | $240,552 | $747,174 |
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 |
|---|---|---|---|---|
| EIDE BAILLY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EIDE BAILLY LLP — Auditor
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 | $66,510 | — | $66,510 | — | — |
| 2023 | $56,604 | — | $56,604 | — | — |
| 2022 | $57,560 | — | $57,560 | — | — |