Plan Snapshot
- Plan Sponsor: The Dimarco Group, LLC
- Sponsor EIN: 161601728
- Sponsor Address: 1950 BRIGHTON HENRIETTA T.L. ROAD, ROCHESTER, NY, 146232597
- Plan Type: 401(k)
- Total Participants: 593
- Total Assets: $44.7M
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 | 593 | $44.7M | $1.0M | $2.7M |
| 2023 | 577 | $39.2M | $943,829 | $2.4M |
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 LIFE & ANNUITY INSURANCE CO | Recordkeeper | $144,497 | — | $144,497 |
| MODERN WEALTH HOLDINGS LLC | Other Service Provider | $53,271 | — | $53,271 |
| LPL FINANCIAL - RP | Investment Advisor | $13,123 | — | $13,123 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $210,891
- Estimated Expense Ratio: 0.472% 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 | $147,999 | $129,009 | $18,990 | — | — |
| 2023 | $120,865 | $120,865 | — | — | — |