Plan Snapshot
- Plan Sponsor: Try-It Distributing Company, INC
- Sponsor EIN: 160666490
- Sponsor Address: 4155 WALDEN AVENUE, LANCASTER, NY, 14086
- Plan Type: 401(k)
- Total Participants: 641
- Total Assets: $47.9M
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 | 641 | $47.9M | $705,898 | $2.3M |
| 2023 | 659 | $46.8M | $687,923 | $2.4M |
| 2022 | 664 | $44.0M | $1.1M | $2.4M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER AND S | RECORDKEEPER | $139,983 | — | $139,983 |
| CHIAMPOU, TRAVIS, BESAW, & KERSHNER | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $139,983
- Estimated Expense Ratio: 0.292% 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 | $139,959 | — | — | — | — |
| 2023 | $122,425 | — | — | — | — |
| 2022 | $112,938 | — | — | — | — |