Plan Snapshot
- Plan Sponsor: Coker Tire Company
- Sponsor EIN: 620643841
- Sponsor Address: 1317 CHESTNUT ST, CHATTANOOGA, TN, 374024418
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 185
- Total Assets: $11.5M
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. |
|---|---|---|---|---|
| 2025 | 185 | $11.5M | $0 | $0 |
| 2024 | 155 | $9.9M | $358,098 | $649,486 |
| 2023 | 184 | $9.8M | $239,223 | $387,828 |
| 2022 | 60 | $3.9M | $125,566 | $225,761 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $55,784 | — | $55,784 |
| KESTRA ADVISORY SERVICES, LLC | Investment Advisor | — | $35,838 | $35,838 |
| BLACKBURN, CHILDERS | Other Service Provider | $15,000 | — | $15,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $106,622
- Estimated Expense Ratio: 0.930% 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 |
|---|---|---|---|---|---|
| 2025 | $1,185,638 | — | $55,785 | $14,998 | — |
| 2024 | $74,980 | — | $74,980 | — | — |
| 2023 | $441,573 | — | — | — | — |
| 2022 | $988,116 | — | — | — | — |