Plan Snapshot
- Plan Sponsor: Burt Watson Chevrolet INC
- Sponsor EIN: 381880002
- Sponsor Address: 7468 MIDLAND ROAD PO BOX 250, FREELAND, MI, 48623
- Plan Type: 401(k)
- Total Participants: 108
- Total Assets: $6.5M
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 | 108 | $6.5M | $152,708 | $508,659 |
| 2023 | 110 | $5.7M | $164,907 | $544,118 |
| 2022 | 122 | $4.1M | $151,592 | $535,282 |
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 |
|---|---|---|---|---|
| WEINLANDER FITZHUGH | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEINLANDER FITZHUGH — 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 | $39,156 | $24,205 | $9,302 | — | — |
| 2023 | $33,566 | $19,090 | $11,291 | — | — |
| 2022 | $25,014 | $16,175 | $8,839 | — | — |