# Drive Automotive Services, LLC 401(k) Plan
Source: https://planprovider.pro/companies/drive-automotive-services-llc-plan-001

> Drive Automotive Services, LLC's 401(k) plan: 175 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Drive Automotive Services, LLC

- **Sponsor EIN:** 871532240

- **Sponsor Address:** 4255 WADE GREEN ROAD SUITE 420, KENNESAW, GA, 30144

- **Plan Type:** 401(k)

- **Total Participants:** 175

- **Total Assets:** $2.3M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **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|175|$2.3M|$332,137|$601,812|

| 2023|198|$1.5M|$306,408|$607,946|

| 2022|95|$499,138|$161,990|$373,506|

## 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|

| SMITH AND HOWARD|Auditor|—|—|$0|

## 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|$39,841|—|—|—|—|

| 2023|—|—|—|—|—|

| 2022|—|—|—|—|—|

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