Plan Snapshot
- Plan Sponsor: Tesco-The Eastern Specialty Company
- Sponsor EIN: 232404083
- Sponsor Address: 925 CANAL STREET, BRISTOL, PA, 19007
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 215
- Total Assets: $9.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 215 | $9.9M | $0 | $0 |
| 2024 | 217 | $8.2M | $173,737 | $822,662 |
| 2023 | 187 | $6.9M | $105,696 | $576,753 |
| 2022 | 147 | $5.5M | $73,385 | $447,068 |
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 |
|---|---|---|---|---|
| SUMMIT GROUP RETIREMENT | Other Service Provider | $21,660 | — | $21,660 |
| THE VANGUARD GROUP, INC. | Other Service Provider | $16,827 | — | $16,827 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,487
- Estimated Expense Ratio: 0.387% 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 |
|---|---|---|---|---|---|
| 2025 | $621,429 | $21,660 | $16,828 | — | — |
| 2024 | $936,559 | — | — | — | — |
| 2023 | $344,239 | — | — | — | — |
| 2022 | $41,811 | $14,153 | $12,108 | — | $14,000 |