Plan Snapshot
- Plan Sponsor: Total Plastic Solutions, LLC
- Sponsor EIN: 541824844
- Sponsor Address: 231 JEFFERSON RIDGE PKWY, LYNCHBURG, VA, 24501
- Plan Type: 401(k)
- Total Participants: 193
- Total Assets: $7.6M
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 | 193 | $7.6M | $131,647 | $423,528 |
| 2023 | 185 | $6.9M | $132,982 | $437,390 |
| 2022 | 264 | $5.5M | $121,686 | $390,845 |
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 |
|---|---|---|---|---|
| DAVIDSON, DOYLE & HILTON, LLP | Auditor | $8,800 | — | $8,800 |
| ADP, INC. | Recordkeeper | $8,617 | — | $8,617 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DAVIDSON, DOYLE & HILTON, LLP — Auditor
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,417
- Estimated Expense Ratio: 0.230% 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 | $9,179 | — | — | — | — |
| 2023 | $8,598 | $1,207 | — | — | — |
| 2022 | $8,000 | $1,314 | — | — | — |