Plan Snapshot
- Plan Sponsor: Dick Poe Motors
- Sponsor EIN: 477029436
- Sponsor Address: 6501 MONTANA AVE, EL PASO, TX, 799252128
- Plan Type: 401(k)
- Total Participants: 192
- Total Assets: $2.1M
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 | 192 | $2.1M | $10,709 | $242,341 |
| 2023 | 184 | $2.0M | $12,376 | $251,218 |
| 2022 | 189 | $1.7M | $15,685 | $274,613 |
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 | CONTRACT ADMINISTRATOR | $24,244 | — | $24,244 |
| ADAM BOCK, CPA | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,244
- Estimated Expense Ratio: 1.149% 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 | $24,245 | — | $24,245 | — | — |
| 2023 | $20,835 | — | $20,835 | — | — |
| 2022 | $18,933 | — | $18,933 | — | — |