Plan Snapshot
- Plan Sponsor: Traditions Of America LP
- Sponsor EIN: 232921193
- Sponsor Address: 1235 WESTLAKES DRIVE, SUITE 300, BERWYN, PA, 193122413
- Plan Type: 401(k)
- Total Participants: 96
- Total Assets: $8.5M
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 | 96 | $8.5M | $316,739 | $646,374 |
| 2023 | 107 | $8.0M | $342,251 | $661,000 |
| 2022 | 122 | $6.4M | $325,771 | $681,625 |
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 |
|---|---|---|---|---|
| TORRILLO & ASSOCIATES, LLC | Auditor | $12,000 | — | $12,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TORRILLO & ASSOCIATES, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,000
- Estimated Expense Ratio: 0.141% 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 | $78,087 | — | $66,087 | $12,000 | — |
| 2023 | $70,537 | — | $56,914 | $13,623 | — |
| 2022 | $63,472 | — | $51,532 | — | $11,940 |