Plan Snapshot
- Plan Sponsor: Ed Voyles Automotive Group, INC.
- Sponsor EIN: 550811815
- Sponsor Address: 2103 COBB PARKWAY, MARIETTA, GA, 30067
- Plan Type: 401(k)
- Total Participants: 458
- Total Assets: $42.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 458 | $42.8M | $323,654 | $2.1M |
| 2023 | 459 | $42.4M | $369,407 | $2.4M |
| 2022 | 457 | $37.6M | $425,698 | $2.6M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $73,758 | — | $73,758 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $8,774 | — | $8,774 |
| HENDERSON HUTCHERSON & MCCULLOUGH | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $82,532
- Estimated Expense Ratio: 0.193% 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 | $82,718 | $8,774 | — | — | — |
| 2023 | $74,691 | $7,883 | — | — | — |
| 2022 | $69,985 | — | $69,985 | — | — |