Plan Snapshot
- Plan Sponsor: Barnes Crossing Auto LLC
- Sponsor EIN: 272459506
- Sponsor Address: 2819 HWY 145, SALTILLO, MS, 38866
- Plan Type: 401(k)
- Total Participants: 438
- Total Assets: $3.5M
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 | 438 | $3.5M | $557,512 | $796,823 |
| 2023 | 401 | $2.3M | $497,557 | $679,513 |
| 2022 | 386 | $1.1M | $509,112 | $688,479 |
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 |
|---|---|---|---|---|
| NAIL MCKINNEY, P.A. | 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 | $42,719 | $21,610 | $21,109 | — | — |
| 2023 | $23,910 | $11,538 | $12,372 | — | — |
| 2022 | $14,593 | $3,042 | $11,551 | — | — |