Plan Snapshot
- Plan Sponsor: Bronco Lube, LLC
- Sponsor EIN: 331020497
- Sponsor Address: 1937 W. PALMETTO ST. PMB 137, FLORENCE, SC, 29501
- Plan Type: 401(k)
- Total Participants: 100
- Total Assets: $1.0M
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 | 100 | $1.0M | $57,606 | $202,780 |
| 2023 | 124 | $768,533 | $75,090 | $170,136 |
| 2022 | 82 | $622,605 | $60,476 | $132,375 |
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 |
|---|---|---|---|---|
| BENEFIT SOLUTIONS ETC | Recordkeeper | $5,186 | $412 | $5,598 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,598
- Estimated Expense Ratio: 0.551% 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 | $23,828 | — | $9,257 | — | — |
| 2023 | $19,408 | — | $8,614 | — | — |
| 2022 | $9,487 | — | $5,052 | — | $4,435 |