Plan Snapshot
- Plan Sponsor: Fred Haas Motors, Ltd.
- Sponsor EIN: 741674758
- Sponsor Address: 20400 INTERSTATE-45 NORTH, SPRING, TX, 77373
- Plan Type: 401(k)
- Total Participants: 545
- Total Assets: $19.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 545 | $19.0M | $78,403 | $1.6M |
| 2023 | 539 | $16.5M | $73,543 | $1.7M |
| 2022 | 527 | $14.7M | $82,444 | $1.6M |
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 |
|---|---|---|---|---|
| GALLAGHER BENEFIT SERVICES INC DBA | INVESTMENT ADVISOR | $44,506 | — | $44,506 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $17,308 | — | $17,308 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $13,145 | — | $13,145 |
| MELTON & MELTON L.L.P. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MELTON & MELTON L.L.P. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $74,959
- Estimated Expense Ratio: 0.395% 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 | $74,959 | $57,651 | — | — | — |
| 2023 | $80,444 | $43,473 | — | — | — |
| 2022 | $57,055 | — | $57,055 | — | — |