Plan Snapshot
- Plan Sponsor: Cherokee Distributing Company, INC.
- Sponsor EIN: 620921075
- Sponsor Address: 200 MILLER MAIN CIRCLE, KNOXVILLE, TN, 37919
- Plan Type: DC
- Total Participants: 362
- Total Assets: $32.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 362 | $32.8M | $1.9M | $965,496 |
| 2023 | 340 | $31.3M | $2.0M | $949,252 |
| 2022 | 322 | $26.2M | $1.8M | $910,449 |
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 |
|---|---|---|---|---|
| MARTIN & COMPANY, LP | Investment Advisor | $97,904 | — | $97,904 |
| MERRILL LYNCH | Investment Advisor | $63,992 | — | $63,992 |
| TENNESSEE PENSION ADMINISTRATORS | Other Service Provider | $9,845 | — | $9,845 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERRILL LYNCH — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $171,741
- Estimated Expense Ratio: 0.524% 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 | $171,796 | $97,904 | $9,845 | — | — |
| 2023 | $180,696 | — | $16,945 | — | — |
| 2022 | $179,430 | $148,488 | $16,442 | — | $14,500 |