Plan Snapshot
- Plan Sponsor: The Drees Company
- Sponsor EIN: 610675670
- Sponsor Address: 211 GRANDVIEW DRIVE, FORT MITCHELL, KY, 410172759
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 825
- Total Assets: $159.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 825 | $159.8M | $7.8M | $9.3M |
| 2023 | 759 | $147.3M | $6.6M | $7.9M |
| 2022 | 764 | $117.6M | $5.9M | $7.6M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $106,558 | — | $106,558 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $71,168 | — | $71,168 |
| HIGHLAND CONSULTING ASSOCIATES, IN | Other Service Provider | $38,466 | — | $38,466 |
| DEAN DORTON | Auditor | $26,000 | — | $26,000 |
| BRICKER GRAYDON LLP | ERISA Attorney | $21,744 | — | $21,744 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
- DEAN DORTON — Auditor
- BRICKER GRAYDON LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $263,936
- Estimated Expense Ratio: 0.165% 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 | $215,545 | $71,168 | — | $26,000 | — |
| 2023 | $193,985 | $61,293 | $3,000 | $12,000 | — |
| 2022 | $222,463 | $54,558 | — | — | — |