Plan Snapshot
- Plan Sponsor: Whitsons Food Service Corp.
- Sponsor EIN: 112579630
- Sponsor Address: 1800 MOTOR PARKWAY, ISLANDIA, NY, 11749
- Plan Type: 401(k)
- Total Participants: 2,759
- Total Assets: $29.0M
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 | 2,759 | $29.0M | $257,729 | $2.4M |
| 2023 | 1,570 | $22.4M | $211,060 | $2.0M |
| 2022 | 1,278 | $15.8M | $157,390 | $1.5M |
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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY | Investment Advisor | — | $51,502 | $51,502 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $11,491 | — | $11,491 |
| NATIONAL FINANCIAL SERVICES LLC | Other Service Provider | — | $9,599 | $9,599 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY — Investment Advisor
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,592
- 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 | $11,491 | — | — | — | — |
| 2023 | $10,093 | — | $300 | — | — |
| 2022 | $6,160 | — | — | — | — |