Plan Snapshot
- Plan Sponsor: Thorpe Specialty Services Corporation
- Sponsor EIN: 453454901
- Sponsor Address: 6833 KIRBYVILLE ST., HOUSTON, TX, 77033
- Plan Type: 401(k)
- Total Participants: 853
- Total Assets: $28.1M
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 | 853 | $28.1M | $670,576 | $1.2M |
| 2023 | 631 | $26.2M | $564,681 | $1.1M |
| 2022 | 584 | $26.7M | $305,558 | $1.1M |
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 |
|---|---|---|---|---|
| MOSS ADAMS LLP | AUDITOR | $42,693 | — | $42,693 |
| BAKER TILLY US, LLP | Auditor | $42,693 | — | $42,693 |
| GALLAGHER BENEFIT SERVICES INC DBA | INVESTMENT ADVISOR | $23,646 | — | $23,646 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $19,011 | — | $19,011 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $128,043
- Estimated Expense Ratio: 0.455% 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 | $86,852 | $25,148 | — | $42,693 | — |
| 2023 | $42,986 | $32,295 | — | — | — |
| 2022 | $36,936 | — | $36,936 | — | — |