Plan Snapshot
- Plan Sponsor: Turn 14 Distribution, INC.
- Sponsor EIN: 201325018
- Sponsor Address: 100 TOURNAMENT DR, HORSHAM, PA, 19044
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 601
- Total Assets: $22.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2025 | 601 | $22.3M | $0 | $0 |
| 2024 | 593 | $17.0M | $663,311 | $1.6M |
| 2023 | 573 | $11.8M | $553,975 | $1.2M |
| 2022 | 501 | $7.3M | $445,350 | $932,503 |
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 |
|---|---|---|---|---|
| JOHN HANCOCK USA | Recordkeeper | $45,136 | — | $45,136 |
| MERRILL LYNCH | Investment Advisor | $43,026 | — | $43,026 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $88,162
- Estimated Expense Ratio: 0.395% 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 |
|---|---|---|---|---|---|
| 2025 | $814,386 | $43,026 | $52,966 | — | — |
| 2024 | $76,826 | $34,566 | $42,260 | — | — |
| 2023 | $42,098 | $17,168 | $24,930 | — | — |
| 2022 | $37,141 | $6,472 | $26,294 | — | $4,375 |