Plan Snapshot
- Plan Sponsor: Thorntons LLC
- Sponsor EIN: 351188206
- Sponsor Address: 2600 JAMES THORNTON WAY, LOUISVILLE, KY, 40245
- Plan Type: DC
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2023 | 0 | $0 | $377,060 | $826,333 |
| 2022 | 2,881 | $60.1M | $1.3M | $2.3M |
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 |
|---|---|---|---|---|
| NEWPORT GROUP, INC. | RECORDKEEPER | $81,443 | — | $81,443 |
| PNC INSTITUTIONAL ASSET MANAGEMENT | ADVISOR | $22,500 | — | $22,500 |
| MONROE SHINE & CO., INC | AUDITOR | $9,800 | — | $9,800 |
| NEWPORT TRUST COMPANY | TRUSTEE | $8,661 | — | $8,661 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MONROE SHINE & CO., INC — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $122,404
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 |
|---|---|---|---|---|---|
| 2023 | $65,154 | — | $20,447 | — | — |
| 2022 | $122,404 | $22,500 | $81,443 | — | $18,461 |