Plan Snapshot
- Plan Sponsor: T.L. Cannon Corporation
- Sponsor EIN: 593005084
- Sponsor Address: 220 PONTE VEDRA PARK DRIVE, PONTE VEDRA BEACH, FL, 32082
- Plan Type: 401(k)
- Total Participants: 3,632
- Total Assets: $19.4M
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 | 3,632 | $19.4M | $149,871 | $869,639 |
| 2023 | 1,304 | $17.9M | $153,401 | $909,057 |
| 2022 | 1,475 | $15.5M | $140,995 | $850,624 |
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 |
|---|---|---|---|---|
| OSAIC WEALTH INC | ADVISOR | — | $36,705 | $36,705 |
| FORVIS MAZAR LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- OSAIC WEALTH INC — ADVISOR
- FORVIS MAZAR LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,705
- Estimated Expense Ratio: 0.189% 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 | $3,644 | — | $300 | — | — |
| 2023 | $2,725 | — | — | — | — |
| 2022 | $2,725 | — | — | — | — |