Plan Snapshot
- Plan Sponsor: Best One Tire And Service Employees Association, LLC
- Sponsor EIN: 266731594
- Sponsor Address: P.O. BOX 450, MONROE, IN, 46772
- Plan Type: 401(k)
- Plan Number: 504
- Total Participants: 1,045
- Total Assets: $1.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,045 | $1.4M | $9.4M | $4.5M |
| 2023 | 2,106 | $786,942 | $12.1M | $5.1M |
| 2022 | 1,994 | $1.1M | $8.4M | $3.9M |
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 |
|---|---|---|---|---|
| INGENIORX, INC | Other Service Provider | — | $1,133,079 | $1,133,079 |
| ANTHEM INSURANCE COMPANIES, INC. | Other Service Provider | $747,219 | — | $747,219 |
| DELTA DENTAL OF INDIANA | Other Service Provider | $389,603 | — | $389,603 |
| M&Z LLP | Other Service Provider | $273,669 | — | $273,669 |
| HYLANT GROUP | Other Service Provider | $90,076 | — | $90,076 |
| FORVIS MAZARS, LLP | Auditor | $29,234 | — | $29,234 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,662,880
- Estimated Expense Ratio: 187.768% 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 | $4,052,551 | — | $2,360,024 | $29,234 | — |
| 2023 | $5,117,514 | — | $2,692,334 | $18,325 | — |
| 2022 | $4,451,933 | — | $1,262,615 | — | $416,683 |