Plan Snapshot
- Plan Sponsor: Wharton Hardware & Supply Corp.
- Sponsor EIN: 205661395
- Sponsor Address: 7724 N CRESCENT BLVD., PENNSAUKEN, NJ, 08110
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 43
- Total Assets: $334,337
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. |
|---|---|---|---|---|
| 2025 | 43 | $334,337 | $0 | $0 |
| 2024 | 48 | $142,635 | $518,751 | $250,556 |
| 2023 | 46 | $159,362 | $514,249 | $228,291 |
| 2022 | 46 | $68,915 | $415,568 | $193,348 |
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 |
|---|---|---|---|---|
| THE BENECON GROUP | Investment Advisor | $43,277 | — | $43,277 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $21,556 | — | $21,556 |
| STERLING BENEFITS, LLC | Investment Advisor | $16,520 | — | $16,520 |
| VILLANOVA HEALTH AGENCY LLC | Investment Advisor | $5,560 | — | $5,560 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $86,913
- Estimated Expense Ratio: 25.996% 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 | $664,549 | — | — | — | — |
| 2024 | $800,671 | — | — | — | — |
| 2023 | $657,516 | — | — | — | — |
| 2022 | $643,275 | — | — | — | — |