Plan Snapshot
- Plan Sponsor: Doug Smith Autoplex, INC.
- Sponsor EIN: 870461972
- Sponsor Address: 501 W MAIN ST, AMERICAN FORK, UT, 84003
- Plan Type: 401(k)
- Total Participants: 218
- Total Assets: $18.5M
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 | 218 | $18.5M | $298,322 | $1.1M |
| 2023 | 205 | $17.5M | $295,727 | $1.1M |
| 2022 | 197 | $15.2M | $322,355 | $1.1M |
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 | $76,540 | — | $76,540 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | — | $34,762 | $34,762 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $111,302
- Estimated Expense Ratio: 0.603% 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 | $76,541 | — | $76,541 | — | — |
| 2023 | $68,517 | — | $68,517 | — | — |
| 2022 | $67,829 | — | $67,829 | — | — |