Plan Snapshot
- Plan Sponsor: Butler Automotive Group, INC.
- Sponsor EIN: 582575912
- Sponsor Address: 4850 RIVERSIDE DRIVE, MACON, GA, 31210
- Plan Type: 401(k)
- Total Participants: 740
- Total Assets: $15.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 740 | $15.7M | $312,387 | $1.9M |
| 2023 | 554 | $13.3M | $313,363 | $1.9M |
| 2022 | 508 | $10.1M | $0 | $1.6M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK LIFE INSURANCE COMPANY | RECORDKEEPER | $7,974 | — | $7,974 |
| MCNAIR MCLEMORE MIDDLEBROOKS & CO | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE COMPANY — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,974
- Estimated Expense Ratio: 0.051% 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 | $136,603 | — | $63,054 | — | — |
| 2023 | $106,121 | — | $47,830 | — | — |
| 2022 | $95,892 | — | — | — | — |