Plan Snapshot
- Plan Sponsor: Briggs Auto Group, INC.
- Sponsor EIN: 480962671
- Sponsor Address: 2312 STAGG HILL ROAD, MANHATTAN, KS, 66502
- Plan Type: 401(k)
- Total Participants: 262
- Total Assets: $8.9M
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 | 262 | $8.9M | $83,972 | $805,804 |
| 2023 | 244 | $7.7M | $101,713 | $709,384 |
| 2022 | 255 | $6.2M | $99,546 | $705,453 |
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 |
|---|---|---|---|---|
| VARNEY & ASSOCIATES CPA LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $95,096 | $53,394 | $12,717 | — | — |
| 2023 | $89,738 | $47,387 | $16,627 | — | — |
| 2022 | $52,835 | — | $52,835 | — | — |