Plan Snapshot
- Plan Sponsor: Tfp Corporation
- Sponsor EIN: 340688535
- Sponsor Address: 460 LAKE ROAD, MEDINA, OH, 44256
- Plan Type: 401(k)
- Total Participants: 164
- Total Assets: $19.8M
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 | 164 | $19.8M | $481,462 | $885,691 |
| 2023 | 159 | $16.6M | $446,506 | $823,191 |
| 2022 | 149 | $13.0M | $432,402 | $796,784 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH RETIREMENT & BENEFIT | Other Service Provider | $33,342 | — | $33,342 |
| ASCENSUS LLC | Other Service Provider | $9,407 | — | $9,407 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $42,749
- Estimated Expense Ratio: 0.216% 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 | $42,744 | — | $42,744 | — | — |
| 2023 | $46,303 | — | $46,303 | — | — |
| 2022 | $47,277 | $29,330 | $17,947 | — | — |