Plan Snapshot
- Plan Sponsor: Turner Supply Company
- Sponsor EIN: 630213410
- Sponsor Address: 250 NORTH ROYAL STREET, MOBILE, AL, 36602
- Plan Type: DC
- Total Participants: 139
- Total Assets: $13.0M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2024 | 139 | $13.0M | $238,183 | $433,531 |
| 2023 | 125 | $11.4M | $228,723 | $433,845 |
| 2022 | 120 | $11.8M | $219,234 | $453,399 |
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 |
|---|---|---|---|---|
| MITCHELL MCLEOD PUGH & WILLIAMS | INVESTMENT ADVISOR | $26,576 | — | $26,576 |
| NEWPORT TRUST COMPANY | TRUSTEE | $5,832 | — | $5,832 |
| SMITH DUKES & BUCKALEW, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SMITH DUKES & BUCKALEW, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $32,408
- Estimated Expense Ratio: 0.250% 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 | $36,470 | $26,576 | $1,602 | — | — |
| 2023 | $36,589 | $26,006 | $1,984 | — | — |
| 2022 | $40,055 | $27,538 | $6,510 | — | $6,007 |