Plan Snapshot
- Plan Sponsor: Dual North America, INC.
- Sponsor EIN: 464468812
- Sponsor Address: 1100 5TH AVE SOUTH, NAPLES, FL, 341026407
- Plan Type: 401(k)
- Total Participants: 694
- Total Assets: $62.6M
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 | 694 | $62.6M | $2.9M | $5.9M |
| 2023 | 667 | $51.0M | $2.4M | $4.9M |
| 2022 | 151 | $14.2M | $692,066 | $1.5M |
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 | CONTRACT ADMINISTRATOR | $51,236 | — | $51,236 |
| MERRILL LYNCH PIERCE FENNER & SMITH | CONSULTANT | $42,614 | $32 | $42,646 |
| ASSURANCE DIMENSIONS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ASSURANCE DIMENSIONS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $93,882
- Estimated Expense Ratio: 0.150% 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 | $93,850 | $26,536 | $51,236 | — | — |
| 2023 | $59,645 | $15,614 | $34,663 | — | — |
| 2022 | $74,039 | $34,454 | $39,245 | — | $340 |