Plan Snapshot
- Plan Sponsor: Carl Black Chevrolet Buick Gmc INC.
- Sponsor EIN: 582001655
- Sponsor Address: 1110 ROBERTS BOULEVARD, KENNESAW, GA, 30144
- Plan Type: 401(k)
- Total Participants: 448
- Total Assets: $15.5M
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 | 448 | $15.5M | $0 | $1.3M |
| 2023 | 439 | $13.5M | $0 | $1.4M |
| 2022 | 382 | $10.7M | $0 | $1.3M |
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 |
|---|---|---|---|---|
| CAPITAL GROUP RETIREMENT PLAN SVCS. | RECORDKEEPER | $28,442 | — | $28,442 |
| CHERRY, BEKAERT LLP | OTHER | $10,365 | — | $10,365 |
| IAMS WEALTH MANAGEMENT LLC IAMS WEA | INVESTMENT ADVISOR | $9,618 | — | $9,618 |
| CHERRY BEKAERT LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,425
- Estimated Expense Ratio: 0.312% 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 | $48,425 | $9,618 | — | — | — |
| 2023 | $33,326 | $7,700 | — | — | — |
| 2022 | $54,242 | — | $54,242 | — | — |