Plan Snapshot
- Plan Sponsor: Town & Country Linen Corporation
- Sponsor EIN: 131980984
- Sponsor Address: 475 OBERLIN AVENUE SOUTH, LAKEWOOD, NJ, 08701
- Plan Type: 401(k)
- Total Participants: 167
- Total Assets: $13.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 167 | $13.1M | $435,821 | $871,366 |
| 2022 | 192 | $11.6M | $427,449 | $875,250 |
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 |
|---|---|---|---|---|
| BENCHMARK INVESTMENT ADVISORS | Other Service Provider | — | $47,548 | $47,548 |
| KINGSWOOD WEALTH ADVISORS, LLC | Other Service Provider | — | $15,692 | $15,692 |
| ASSOCIATED PENSION CONSULTANTS INC. | Recordkeeper | — | $12,362 | $12,362 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $75,602
- Estimated Expense Ratio: 0.579% 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 |
|---|---|---|---|---|---|
| 2023 | $5,019 | — | $352 | — | — |
| 2022 | $6,692 | — | $2,581 | — | — |