# Digeronimo 401(k) Plan
Source: https://planprovider.pro/companies/independence-excavating-inc-401k-plan

> Digeronimo&#39;s 401(k) plan: 681 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Digeronimo

- **Sponsor EIN:** 340938274

- **Sponsor Address:** 5720 SCHAAF RD, INDEPENDENCE, OH, 44131

- **Plan Type:** 401(k)

- **Total Participants:** 681

- **Total Assets:** $75.9M

## 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|681|$75.9M|$2.3M|$3.7M|

| 2023|496|$69.0M|$2.5M|$3.5M|

| 2022|465|$60.0M|$2.3M|$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|

| EMPOWER ANNUITY INSURANCE COMPANY O|RECORDKEEPER|$146,196|—|$146,196|

| FOCUS OPERATING LLC DBA JFS WEALTH|INVESTMENT ADVISOR|$70,597|—|$70,597|

| COHEN & COMPANY, LTD|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $216,793

- **Estimated Expense Ratio:** 0.286% 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|$213,543|$73,820|—|—|—|

| 2023|$217,002|$44,984|$172,018|—|—|

| 2022|$231,275|$53,000|$177,917|—|—|

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