Plan Snapshot
- Plan Sponsor: National Wholesale Supply, INC.
- Sponsor EIN: 820542282
- Sponsor Address: 1972 CALIFORNIA XING, DALLAS, TX, 752207006
- Plan Type: 401(k)
- Total Participants: 422
- 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. |
|---|---|---|---|---|
| 2023 | 422 | $4.7M | $358,357 | $684,701 |
| 2022 | 381 | $3.3M | $290,123 | $531,786 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $74,572 | — | $74,572 |
| WELLS FARGO CLEARING SERVICES LLC | INVESTMENT ADVISORY | — | $36,920 | $36,920 |
| KELLOGG AND KELLOGG PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $111,492
- Estimated Expense Ratio: 2.351% 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 |
|---|---|---|---|---|---|
| 2023 | $37,300 | — | $37,300 | — | — |
| 2022 | $30,151 | — | $30,151 | — | — |