Plan Snapshot
- Plan Sponsor: Bob Brown Chevrolet, INC.
- Sponsor EIN: 420846759
- Sponsor Address: 3600 111TH STREET, URBANDALE, IA, 50322
- Plan Type: 401(k)
- Total Participants: 262
- Total Assets: $16.6M
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 | 262 | $16.6M | $356,000 | $1.3M |
| 2023 | 294 | $14.4M | $358,490 | $1.4M |
| 2022 | 252 | $12.9M | $381,308 | $1.3M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $40,894 | — | $40,894 |
| MORGAN STANLEY SMITH BARNEY | Investment Advisor | — | $28,771 | $28,771 |
| THE FINWAY GROUP | Other Service Provider | $22,006 | — | $22,006 |
| LEAFHOUSE FINANCIAL ADVISORS, LLC | Other Service Provider | $5,444 | — | $5,444 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $97,115
- Estimated Expense Ratio: 0.585% 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 | $64,202 | — | $64,202 | — | — |
| 2023 | $71,825 | — | $71,825 | — | — |
| 2022 | $81,867 | — | — | — | $81,867 |