Plan Snapshot
- Plan Sponsor: Domestic Linen Supply & Laundry Co
- Sponsor EIN: 380492080
- Sponsor Address: 30555 NORTHWESTERN HWY., SUITE 300, FARMINGTON HILLS, MI, 483343160
- Plan Type: 401(k)
- Total Participants: 348
- Total Assets: $19.5M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 348 | $19.5M | $359,854 | $547,244 |
| 2023 | 345 | $20.7M | $379,395 | $559,149 |
| 2022 | 309 | $19.0M | $380,005 | $564,584 |
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 |
|---|---|---|---|---|
| NEWPORT GROUP INC | Recordkeeper | $38,165 | — | $38,165 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,165
- Estimated Expense Ratio: 0.196% 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 | $74,065 | — | — | $35,900 | — |
| 2023 | $35,653 | — | — | — | — |
| 2022 | $89,387 | — | — | — | — |