Plan Snapshot
- Plan Sponsor: Four Star Freightliner, INC.
- Sponsor EIN: 630520287
- Sponsor Address: 3140 HAYNEVILLE ROAD, MONTGOMERY, AL, 36108
- Plan Type: 401(k)
- Total Participants: 154
- Total Assets: $13.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 154 | $13.5M | $529,952 | $956,065 |
| 2023 | 182 | $11.0M | $526,521 | $978,048 |
| 2022 | 174 | $8.4M | $611,040 | $810,105 |
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 |
|---|---|---|---|---|
| SYNOVUS TRUST COMPANY N.A. | Investment Advisor | $29,478 | — | $29,478 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $14,012 | — | $14,012 |
| AZALEA ADMINISTRATION | Other Service Provider | $8,109 | — | $8,109 |
| EMPOWER ADVISORY GROUP | Investment Advisor | $5,125 | — | $5,125 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,724
- Estimated Expense Ratio: 0.420% 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 | $56,264 | — | $56,264 | — | — |
| 2023 | $29,090 | — | $29,090 | — | — |
| 2022 | $26,406 | $26,406 | — | — | — |