Plan Snapshot
- Plan Sponsor: Wallace Hardware Company, INC.
- Sponsor EIN: 620408190
- Sponsor Address: PO BOX 6004, MORRISTOWN, TN, 37815
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 130
- Total Assets: $143,263
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 130 | $143,263 | $911,305 | $335,658 |
| 2023 | 132 | $139,738 | $726,857 | $409,730 |
| 2022 | 0 | $140,272 | $649,240 | $383,977 |
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 |
|---|---|---|---|---|
| CRAINE THOMPSON & JONES, P.C. | 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 | $24,374 | — | $24,374 | — | — |
| 2023 | $19,714 | — | $19,714 | — | — |
| 2022 | $24,422 | — | $24,422 | — | — |