Plan Snapshot
- Plan Sponsor: Turf Equipment & Supply Company, INC
- Sponsor EIN: 521164738
- Sponsor Address: 8015 DORSEY RUN RD., JESSUP, MD, 20794
- Plan Type: 401(k)
- Total Participants: 169
- Total Assets: $30.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 169 | $30.7M | $966,050 | $1.2M |
| 2023 | 166 | $29.9M | $908,842 | $1.1M |
| 2022 | 174 | $25.9M | $908,736 | $1.1M |
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 |
|---|---|---|---|---|
| SMITH & HOWARD, PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $76,884 | $58,977 | $17,907 | — | — |
| 2023 | $70,435 | $53,275 | $17,160 | — | — |
| 2022 | $67,809 | $49,410 | $18,399 | — | — |