Plan Snapshot
- Plan Sponsor: Dominion Diagnostics, LLC
- Sponsor EIN: 541882269
- Sponsor Address: 211 CIRCUIT DRIVE, NORTH KINGSTOWN, RI, 02852
- Plan Type: 401(k)
- Total Participants: 357
- Total Assets: $28.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 357 | $28.1M | $875,001 | $1.8M |
| 2023 | 356 | $26.0M | $941,990 | $1.7M |
| 2022 | 340 | $22.4M | $794,354 | $1.7M |
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 | $77,260 | — | $77,260 |
| USI ADVISORS, INC. | Investment Advisor | $22,111 | $18 | $22,129 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $99,389
- Estimated Expense Ratio: 0.354% 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 | $99,430 | $22,120 | $77,310 | — | — |
| 2023 | $99,684 | $8,282 | $91,402 | — | — |
| 2022 | $100,332 | — | $100,332 | — | — |