Plan Snapshot
- Plan Sponsor: Carl Hogan Automotive INC
- Sponsor EIN: 631181324
- Sponsor Address: 2333 HIGHWAY 45 NORTH, COLUMBUS, MS, 39705
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 122
- Total Assets: $233,165
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 122 | $233,165 | $571,824 | $88,477 |
| 2023 | 120 | $235,891 | $1.4M | $51,843 |
| 2022 | 117 | $270,707 | $602,152 | $52,170 |
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 |
|---|---|---|---|---|
| ENTRUST, LLC DBA 90 DEGREE BENEFITS | Recordkeeper | $71,531 | — | $71,531 |
| MEDICAL HELPLINE, LLC | Other Service Provider | $18,648 | — | $18,648 |
| MISSISSIPPI PHYSICIANS CARE NETWORK | Other Service Provider | $13,717 | — | $13,717 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $103,896
- Estimated Expense Ratio: 44.559% 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 | $62,530 | — | $62,530 | — | — |
| 2023 | $56,796 | — | $56,796 | — | — |
| 2022 | $54,005 | — | — | — | — |