Plan Snapshot
- Plan Sponsor: Hometown Grocery LLC
- Sponsor EIN: 331058339
- Sponsor Address: P O BOX 69, NORTH TAZEWELL, VA, 24630
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 304
- Total Assets: $6.7M
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 | 304 | $6.7M | $172,122 | $314,462 |
| 2023 | 306 | $5.9M | $176,691 | $319,466 |
| 2022 | 209 | $5.1M | $158,034 | $285,910 |
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 |
|---|---|---|---|---|
| BROWN EDWARDS & COMPANY 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 | $3,121 | — | $3,121 | — | — |
| 2023 | $2,715 | — | $2,715 | — | — |
| 2022 | $3,986 | — | $3,986 | — | — |