Plan Snapshot
- Plan Sponsor: Chip Ganassi Racing, LLC
- Sponsor EIN: 382318290
- Sponsor Address: 7777 WOODLAND DRIVE, INDIANAPOLIS, IN, 46278
- Plan Type: 401(k)
- Total Participants: 159
- Total Assets: $23.2M
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 | 159 | $23.2M | $146,072 | $1.2M |
| 2023 | 178 | $21.4M | $146,155 | $1.2M |
| 2022 | 172 | $19.3M | $143,188 | $1.0M |
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 |
|---|---|---|---|---|
| PARSONS CPA PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PARSONS CPA 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 | $87,511 | $44,131 | $43,380 | — | — |
| 2023 | $76,082 | $35,759 | $40,323 | — | — |
| 2022 | $91,770 | $43,551 | $48,219 | — | — |