Plan Snapshot
- Plan Sponsor: Charles Clark Chevrolet Co.
- Sponsor EIN: 740545450
- Sponsor Address: 801 W. BUS HWY 83, MCALLEN, TX, 78505
- Plan Type: 401(k)
- Total Participants: 273
- Total Assets: $5.9M
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 | 273 | $5.9M | $34,385 | $594,635 |
| 2023 | 257 | $5.6M | $35,319 | $569,158 |
| 2022 | 255 | $4.5M | $34,117 | $545,809 |
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 |
|---|---|---|---|---|
| ALLSTATE FINANCIAL SERVICES LLC | ADVISOR | — | $18,882 | $18,882 |
| SMITH FANKHAUSER VOIGT & WATSON PL | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,882
- Estimated Expense Ratio: 0.322% 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 | $3,375 | — | — | — | — |
| 2023 | $3,181 | — | — | — | — |
| 2022 | $2,788 | — | — | — | — |