Plan Snapshot
- Plan Sponsor: Thruway Fasteners, INC
- Sponsor EIN: 160838558
- Sponsor Address: 2910 NIAGARA FALLS BLVD., N. TONAWANDA, NY, 14120
- Plan Type: 401(k)
- Total Participants: 124
- Total Assets: $9.5M
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. |
|---|---|---|---|---|
| 2024 | 124 | $9.5M | $227,653 | $565,522 |
| 2023 | 124 | $8.8M | $223,249 | $534,333 |
| 2022 | 119 | $7.4M | $208,314 | $491,973 |
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 |
|---|---|---|---|---|
| TRONCONI SEGARRA & ASSOCIATES | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $53,291 | — | $4,523 | — | — |
| 2023 | $43,037 | — | $1,900 | — | — |
| 2022 | $43,995 | $42,460 | $1,535 | — | — |