Plan Snapshot
- Plan Sponsor: Drmp, INC.
- Sponsor EIN: 591791174
- Sponsor Address: 941 LAKE BALDWIN LN., ORLANDO, FL, 32814
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 627
- Total Assets: $45.2M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 627 | $45.2M | $1.2M | $3.5M |
| 2022 | 550 | $37.4M | $1.1M | $3.1M |
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 |
|---|---|---|---|---|
| EPIC RETIREMENT PLAN SERVICES | Recordkeeper | $89,164 | — | $89,164 |
| WITHUMSMITH BROWN, P.C. | Auditor | $32,932 | — | $32,932 |
| ANDCO CONSULTING | Other Service Provider | $22,000 | — | $22,000 |
| FIDELITY INVESTMENTS | Other Service Provider | $14,423 | — | $14,423 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EPIC RETIREMENT PLAN SERVICES — Recordkeeper
- WITHUMSMITH BROWN, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $158,519
- Estimated Expense Ratio: 0.351% 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 |
|---|---|---|---|---|---|
| 2023 | $161,185 | $24,666 | — | $32,932 | — |
| 2022 | $110,004 | $24,000 | — | — | $11,268 |