Plan Snapshot
- Plan Sponsor: Twin City Foods, INC.
- Sponsor EIN: 911291675
- Sponsor Address: P.O. BOX 699, STANWOOD, WA, 982920699
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 548
- Total Assets: $61.5M
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. |
|---|---|---|---|---|
| 2024 | 548 | $61.5M | $1.2M | $1.6M |
| 2023 | 642 | $59.0M | $1.0M | $1.4M |
| 2022 | 630 | $63.4M | $1.1M | $1.4M |
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 |
|---|---|---|---|---|
| NORTHWEST PLAN SERVICES | Recordkeeper | $42,933 | — | $42,933 |
| STIFEL INVESTMENT SERVICES | Investment Advisor | $30,000 | — | $30,000 |
| CHARLES SCHWAB BANK | Recordkeeper | $15,350 | — | $15,350 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NORTHWEST PLAN SERVICES — Recordkeeper
- STIFEL INVESTMENT SERVICES — Investment Advisor
- CHARLES SCHWAB BANK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $88,283
- Estimated Expense Ratio: 0.144% 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 | $166,456 | $30,000 | — | — | — |
| 2023 | $93,820 | $30,000 | — | — | — |
| 2022 | $86,149 | $30,000 | $16,155 | — | $39,994 |