Plan Snapshot
- Plan Sponsor: Distribution Technology, INC.
- Sponsor EIN: 560942638
- Sponsor Address: 1701 CONTINENTAL BOULEVARD, CHARLOTTE, NC, 28273
- Plan Type: 401(k)
- Total Participants: 207
- Total Assets: $9.5M
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 | 207 | $9.5M | $143,508 | $622,347 |
| 2023 | 215 | $9.2M | $139,430 | $608,511 |
| 2022 | 201 | $8.0M | $129,719 | $570,118 |
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 |
|---|---|---|---|---|
| BGW CPA CO, LLP | 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 | $81,825 | $30,642 | $51,183 | — | — |
| 2023 | $70,781 | $27,550 | $43,231 | — | — |
| 2022 | $73,161 | $27,983 | $45,178 | — | — |