Plan Snapshot
- Plan Sponsor: First Express, INC.
- Sponsor EIN: 621560314
- Sponsor Address: 1135 FREIGHTLINER DRIVE, NASHVILLE, TN, 37210
- Plan Type: 401(k)
- Total Participants: 90
- Total Assets: $4.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 90 | $4.7M | $0 | $376,248 |
| 2023 | 91 | $5.0M | $75,000 | $442,119 |
| 2022 | 108 | $4.0M | $100,000 | $459,137 |
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 |
|---|---|---|---|---|
| CARR RIGGS AND INGRAM | 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 | $48,132 | — | $48,132 | — | — |
| 2023 | $30,396 | — | $30,396 | — | — |
| 2022 | $31,356 | — | — | — | $30,606 |