Plan Snapshot
- Plan Sponsor: Thor Equities, LLC
- Sponsor EIN: 134191112
- Sponsor Address: 25 W 39TH STREET 16TH FLOOR, NEW YORK, NY, 100183805
- Plan Type: 401(k)
- Total Participants: 68
- Total Assets: $11.8M
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 | 68 | $11.8M | $248,641 | $738,058 |
| 2023 | 65 | $11.2M | $196,560 | $702,154 |
| 2022 | 69 | $11.8M | $91,361 | $713,933 |
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 PIERCE FENNER & SMITH | INVESTMENT ADVISOR | $36,058 | — | $36,058 |
| HILL BARTH & KING LLC DBA HBK CPAS | AUDITOR | $16,500 | — | $16,500 |
| HILL, BARTH & KING, LLC | Auditor | $16,500 | — | $16,500 |
| EMPOWER LIFE & ANNUITY INSURANCE CO | RECORDKEEPER | $10,167 | — | $10,167 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HILL, BARTH & KING, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $79,225
- Estimated Expense Ratio: 0.672% 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 | $65,017 | $38,350 | — | $16,500 | — |
| 2023 | $47,412 | $37,168 | — | — | — |
| 2022 | $69,838 | $41,913 | $12,925 | — | $15,000 |