# Cannon Automotive Solutions - Bowling Green INC. 401(k) Plan
Source: https://planprovider.pro/companies/cannon-automotive-solutions-bowling-green-inc-401k-plan

> Cannon Automotive Solutions - Bowling Green INC.'s 401(k) plan: 169 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Cannon Automotive Solutions - Bowling Green INC.

- **Sponsor EIN:** 260766559

- **Sponsor Address:** 210 JODY RICHARDS DRIVE, BOWLING GREEN, KY, 42101

- **Plan Type:** 401(k)

- **Total Participants:** 169

- **Total Assets:** $3.2M

## 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|169|$3.2M|$275,280|$577,763|

| 2023|195|$2.7M|$261,912|$559,949|

| 2022|200|$2.4M|$260,713|$600,206|

## 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|

| MEADEN & MOORE, LTD.|Auditor|$850|—|$850|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MEADEN & MOORE, LTD.](https://planprovider.pro/provider/meaden-and-moore-ltd) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $850

- **Estimated Expense Ratio:** 0.026% 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|$4,993|$845|—|$850|—|

| 2023|$4,094|$457|—|—|—|

| 2022|$1,600|—|$1,600|—|—|

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