Plan Snapshot
- Plan Sponsor: A Betterway Rent-A-Car, INC.
- Sponsor EIN: 581297538
- Sponsor Address: 1110 NORTHCHASE PARKWAY, MARIETTA, GA, 30067
- Plan Type: 401(k)
- Total Participants: 406
- Total Assets: $19.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 406 | $19.9M | $161,975 | $934,752 |
| 2023 | 328 | $17.1M | $177,211 | $1.0M |
| 2022 | 314 | $13.8M | $126,231 | $723,863 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $39,667 | — | $39,667 |
| PNC BANK NATIONAL ASSOCIATION | ADVISOR | $34,628 | — | $34,628 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $5,728 | — | $5,728 |
| HLB GROSS COLLINS, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- HLB GROSS COLLINS, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $80,023
- Estimated Expense Ratio: 0.403% 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 | $80,023 | $40,356 | — | — | — |
| 2023 | $65,124 | $32,645 | $300 | — | — |
| 2022 | $40,980 | $74 | — | — | — |