Plan Snapshot
- Plan Sponsor: Beaver Motors, INC. Dba Beaver Toyota St. Augustine
- Sponsor EIN: 611704931
- Sponsor Address: 2995 US 1 S, ST. AUGUSTINE, FL, 32086
- Plan Type: 401(k)
- Total Participants: 413
- Total Assets: $11.9M
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 | 413 | $11.9M | $316,787 | $2.1M |
| 2023 | 384 | $9.4M | $300,531 | $2.0M |
| 2022 | 367 | $6.8M | $288,469 | $1.9M |
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 |
|---|---|---|---|---|
| MML INVESTORS SERVICES INC | Investment Advisor | — | $34,535 | $34,535 |
| USI SECURITIES | Investment Advisor | — | $9,532 | $9,532 |
| RETIREMENT SOLUTIONS SPECIALISTS | Recordkeeper | — | $8,840 | $8,840 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MML INVESTORS SERVICES INC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,907
- Estimated Expense Ratio: 0.446% 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 | $27,667 | $4,142 | $21,525 | — | — |
| 2023 | $16,396 | — | $16,396 | — | — |
| 2022 | $18,370 | $295 | $18,075 | — | — |