Plan Snapshot
- Plan Sponsor: Beck Auto Sales, INC.
- Sponsor EIN: 593157547
- Sponsor Address: 2000 REID STREET, PALATKA, FL, 32177
- Plan Type: DC
- Total Participants: 324
- Total Assets: $6.9M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 324 | $6.9M | $0 | $293,420 |
| 2023 | 335 | $6.6M | $0 | $323,329 |
| 2022 | 289 | $6.1M | $0 | $375,043 |
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 |
|---|---|---|---|---|
| WIREGRASS ASSET MANAGEMENT | RIA | $12,847 | — | $12,847 |
| VERDEJA AND ALVAREZ, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VERDEJA AND ALVAREZ, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,847
- Estimated Expense Ratio: 0.185% 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 | $36,111 | $12,847 | $23,264 | — | — |
| 2023 | $33,464 | $11,161 | $22,303 | — | — |
| 2022 | $35,719 | — | $35,719 | — | — |