Plan Snapshot
- Plan Sponsor: Duane Morris LLP
- Sponsor EIN: 231392502
- Sponsor Address: 30 SOUTH 17TH STREET, PHILADELPHIA, PA, 191034196
- Plan Type: 401(k)
- Total Participants: 1,277
- Total Assets: $411.9M
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 | 1,277 | $411.9M | $1.9M | $15.1M |
| 2023 | 1,294 | $377.5M | $1.9M | $14.7M |
| 2022 | 1,285 | $331.2M | $1.4M | $13.0M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | NONE | $42,227 | — | $42,227 |
| KPMG LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — NONE
- KPMG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $42,227
- Estimated Expense Ratio: 0.010% 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 | $42,177 | $31,237 | — | — | — |
| 2023 | $34,730 | $22,723 | — | — | — |
| 2022 | $22,561 | — | — | — | — |