Plan Snapshot
- Plan Sponsor: Cherokee Ford, INC.
- Sponsor EIN: 581964898
- Sponsor Address: 1575 MANSELL ROAD, ALPHARETTA, GA, 30009
- Plan Type: 401(k)
- Total Participants: 1,569
- Total Assets: $29.6M
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 | 1,569 | $29.6M | $774,501 | $4.0M |
| 2023 | 880 | $24.2M | $560,319 | $3.3M |
| 2022 | 726 | $17.9M | $0 | $2.9M |
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 |
|---|---|---|---|---|
| JACOBY AND HANDLEY PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JACOBY AND HANDLEY PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $205,266 | $88,132 | — | — | — |
| 2023 | $145,253 | $74,691 | — | — | — |
| 2022 | $140,808 | $2,975 | — | — | — |