Plan Snapshot
- Plan Sponsor: Bros Management, INC. Dba Cochran Family Mcdonald'S
- Sponsor EIN: 621708775
- Sponsor Address: 2501 E. MAGNOLIA AVE, KNOXVILLE, TN, 37914
- Plan Type: 401(k)
- Total Participants: 388
- Total Assets: $533,013
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 | 388 | $533,013 | $40,043 | $180,658 |
| 2023 | 333 | $392,821 | $42,764 | $187,031 |
| 2022 | 274 | $159,168 | $28,463 | $139,451 |
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 |
|---|---|---|---|---|
| LBMC, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LBMC, PC — Auditor
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 | $9,677 | — | $9,677 | — | — |
| 2023 | $11,057 | — | $3,560 | — | — |
| 2022 | $2,984 | — | $2,984 | — | — |