Plan Snapshot
- Plan Sponsor: Corpay, INC.
- Sponsor EIN: 721074903
- Sponsor Address: PO BOX 1850, COVINGTON, LA, 70434
- Plan Type: 401(k)
- Total Participants: 4,269
- Total Assets: $275.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 4,269 | $275.0M | $3.0M | $22.7M |
| 2023 | 4,253 | $228.1M | $2.9M | $21.8M |
| 2022 | 4,370 | $192.0M | $2.8M | $20.5M |
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 |
|---|---|---|---|---|
| FRAZIER & DEETER, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FRAZIER & DEETER, LLC — Auditor
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 | $530,625 | $130,054 | $400,571 | — | — |
| 2023 | $511,743 | $164,813 | $346,930 | — | — |
| 2022 | $469,632 | $152,404 | $317,228 | — | — |