Plan Snapshot
- Plan Sponsor: Top Rx, LLC
- Sponsor EIN: 621422578
- Sponsor Address: 2950 BROTHER BLVD, BARTLETT, TN, 38133
- Plan Type: 401(k)
- Total Participants: 242
- Total Assets: $14.4M
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 | 242 | $14.4M | $276,842 | $838,314 |
| 2023 | 205 | $12.4M | $248,889 | $774,712 |
| 2022 | 180 | $11.4M | $225,188 | $746,089 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $34,841 | — | $34,841 |
| MASSACHUSETTS MUTUAL LIFE | INVESTMENT ADVISOR | $30,702 | — | $30,702 |
| ELLIS BENEFITS GROUP, INC. | CONTRACT ADMIN | $2,160 | $5,000 | $7,160 |
| WATKINS UIBERALL, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WATKINS UIBERALL, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,703
- Estimated Expense Ratio: 0.503% 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 | $66,109 | $30,702 | $2,160 | — | — |
| 2023 | $55,167 | $26,748 | $1,755 | — | — |
| 2022 | $60,163 | — | $60,163 | — | — |