Plan Snapshot
- Plan Sponsor: Fleet Driver Service, INC.
- Sponsor EIN: 453685803
- Sponsor Address: 705 CROSS AVENUE, RUSSELLVILLE, AL, 35653
- Plan Type: 401(k)
- Total Participants: 28
- Total Assets: $399,642
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 28 | $399,642 | $10,199 | $132,207 |
| 2023 | 279 | $683,591 | $37,820 | $347,229 |
| 2022 | 248 | $293,552 | $28,485 | $303,419 |
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 |
|---|---|---|---|---|
| ERISA SERVICES OF ALABAMA, LLC | Recordkeeper | $27,291 | $6 | $27,297 |
| TRANSAMERICA FINANCIAL LIFE INS CO | Recordkeeper | $22,401 | — | $22,401 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA FINANCIAL LIFE INS CO — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,698
- Estimated Expense Ratio: 12.436% 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 | $49,820 | — | — | — | — |
| 2023 | $34,657 | — | — | — | — |
| 2022 | $18,403 | — | $18,403 | — | — |