Plan Snapshot
- Plan Sponsor: Katom Restaurant Supply, INC.
- Sponsor EIN: 621506260
- Sponsor Address: 305 KATOM DRIVE, KODAK, TN, 37764
- Plan Type: 401(k)
- Total Participants: 246
- Total Assets: $4.7M
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 | 246 | $4.7M | $547,235 | $777,812 |
| 2023 | 236 | $3.2M | $469,046 | $685,420 |
| 2022 | 200 | $2.0M | $374,043 | $566,752 |
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 |
|---|---|---|---|---|
| THE TRUST COMPANY OF TENNESSEE INC | NONE | $40,964 | — | $40,964 |
| VANCE CPA LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,964
- Estimated Expense Ratio: 0.870% 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 | $40,964 | — | $15,859 | — | — |
| 2023 | $32,802 | — | $14,633 | — | — |
| 2022 | $25,911 | — | $16,608 | — | $9,303 |