Plan Snapshot
- Plan Sponsor: Ace Hardware Of Chattanooga, INC.
- Sponsor EIN: 620803002
- Sponsor Address: 4921 HIGHWAY 58, CHATTANOOGA, TN, 37416
- Plan Type: 401(k)
- Total Participants: 411
- Total Assets: $12.8M
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 | 411 | $12.8M | $314,490 | $501,873 |
| 2023 | 342 | $10.7M | $258,219 | $445,746 |
| 2022 | 320 | $8.9M | $226,225 | $395,157 |
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 |
|---|---|---|---|---|
| RAYMOND JAMES & ASSOCIATES | Recordkeeper | $35,585 | — | $35,585 |
| ASCENSUS LLC | Other Service Provider | $21,048 | $1,117 | $22,165 |
| HELPFUL GROUP LLC | Other Service Provider | $10,000 | — | $10,000 |
| JOHNSON, HICKEY, MURCHISON | Other Service Provider | $5,800 | — | $5,800 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES & ASSOCIATES — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,550
- Estimated Expense Ratio: 0.576% 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 | $72,433 | $35,585 | $21,048 | $5,800 | — |
| 2023 | $54,586 | $32,287 | $17,299 | $5,000 | — |
| 2022 | $54,686 | $31,714 | $16,972 | — | $6,000 |