Plan Snapshot
- Plan Sponsor: Dugan Production Corporation
- Sponsor EIN: 850171448
- Sponsor Address: P.O. BOX 420, FARMINGTON, NM, 874990420
- Plan Type: 401(k)
- Total Participants: 160
- Total Assets: $16.6M
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 | 160 | $16.6M | $832,416 | $727,944 |
| 2023 | 158 | $15.5M | $947,387 | $737,230 |
| 2022 | 151 | $13.5M | $912,910 | $640,605 |
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 |
|---|---|---|---|---|
| CARR, RIGGS & INGRAM | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $89,038 | $58,763 | $25,356 | — | — |
| 2023 | $66,140 | $49,522 | $16,170 | — | — |
| 2022 | $66,087 | — | $49,926 | — | $16,161 |