Plan Snapshot
- Plan Sponsor: Top Notch Distributors, INC.
- Sponsor EIN: 930940340
- Sponsor Address: 417 ERIE STREET, HONESDALE, PA, 184311011
- Plan Type: 401(k)
- Total Participants: 313
- Total Assets: $28.4M
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 | 313 | $28.4M | $389,746 | $1.4M |
| 2023 | 296 | $24.3M | $389,355 | $1.2M |
| 2022 | 270 | $19.9M | $326,739 | $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 |
|---|---|---|---|---|
| MORGAN STANLEY GLOBAL BA | INVESTMENT ADVISORY | $91,686 | — | $91,686 |
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $30,180 | — | $30,180 |
| MORGAN STANLEY GLOBAL BA | INVESTMENT ADVISORY | $22,867 | — | $22,867 |
| KREISCHER MILLER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY GLOBAL BA — INVESTMENT ADVISORY
- MORGAN STANLEY GLOBAL BA — INVESTMENT ADVISORY
- KREISCHER MILLER — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $144,733
- Estimated Expense Ratio: 0.509% 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 | $144,730 | $114,549 | $30,181 | — | — |
| 2023 | $154,934 | $74,822 | $80,112 | — | — |
| 2022 | $125,864 | $95,119 | $30,745 | — | — |