Plan Snapshot
- Plan Sponsor: Baker Distributing Corporation
- Sponsor EIN: 030215576
- Sponsor Address: P.O. BOX 50, NORTH CLARENDON, VT, 05759
- Plan Type: 401(k)
- Total Participants: 168
- Total Assets: $10.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 168 | $10.4M | $169,507 | $289,575 |
| 2023 | 163 | $10.2M | $90,005 | $242,260 |
| 2022 | 183 | $9.7M | $90,000 | $278,235 |
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 |
|---|---|---|---|---|
| GALLAGHER FLYNN & COMPANY | 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 | $59,318 | $25,959 | — | — | — |
| 2023 | $50,562 | $23,863 | $26,041 | — | — |
| 2022 | $49,007 | $28,245 | $20,762 | — | — |