Plan Snapshot
- Plan Sponsor: Northeastern Supply, INC.
- Sponsor EIN: 520635515
- Sponsor Address: 8323 PULASKI HIGHWAY, BALTIMORE, MD, 21237
- Plan Type: 401(k)
- Total Participants: 323
- Total Assets: $39.6M
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 | 323 | $39.6M | $553,884 | $1.7M |
| 2023 | 317 | $36.2M | $667,095 | $1.6M |
| 2022 | 309 | $30.9M | $645,552 | $1.6M |
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 | $74,024 | — | $74,024 |
| MERRILL LYNCH | CONSULTANT | $73,955 | $27 | $73,982 |
| COASTAL PENSION SERVICES, INC. | CONTRACT ADMINISTRATOR | — | $20,729 | $20,729 |
| ELLIN & TUCKER, CHARTERED | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERRILL LYNCH — CONSULTANT
- ELLIN & TUCKER, CHARTERED — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $168,735
- Estimated Expense Ratio: 0.427% 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 | $147,979 | $36,978 | $74,023 | — | — |
| 2023 | $130,038 | $32,317 | $65,553 | — | — |
| 2022 | $127,400 | $32,630 | $62,140 | — | $32,630 |