Plan Snapshot
- Plan Sponsor: Best-One Tire & Service Association, LLC Employee
- Sponsor EIN: 266165914
- Sponsor Address: P.O. BOX 450, MONROE, IN, 46772
- Plan Type: 401(k)
- Plan Number: 503
- Total Participants: 1,048
- Total Assets: $1.8M
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 | 1,048 | $1.8M | $11.5M | $6.7M |
| 2023 | 1,628 | $1.1M | $8.1M | $4.8M |
| 2022 | 1,514 | $2.3M | $7.5M | $3.5M |
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 | — | $1,097,188 | $1,097,188 |
| ANTHEM INSURANCE COMPANIES, INC. | Other Service Provider | $495,272 | — | $495,272 |
| DELTA DENTAL OF INDIANA | Other Service Provider | $363,958 | — | $363,958 |
| M&Z LLP | Other Service Provider | $264,372 | — | $264,372 |
| HYLANT GROUP | Other Service Provider | $26,083 | — | $26,083 |
| FORVIS MAZARS, LLP | Auditor | $11,000 | — | $11,000 |
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: $2,257,873
- Estimated Expense Ratio: 122.225% 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 | $5,092,514 | — | $1,982,548 | $11,000 | — |
| 2023 | $4,675,868 | — | $784,251 | $11,325 | — |
| 2022 | $3,870,464 | — | $663,177 | — | $645,263 |