Plan Snapshot
- Plan Sponsor: Friendly Chevrolet Co., Ltd.
- Sponsor EIN: 750970320
- Sponsor Address: 2754 N STEMMONS FWY, DALLAS, TX, 75207
- Plan Type: 401(k)
- Total Participants: 154
- Total Assets: $2.5M
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 | 154 | $2.5M | $86,627 | $284,739 |
| 2023 | 86 | $2.0M | $37,265 | $308,724 |
| 2022 | 141 | $1.7M | $29,765 | $291,466 |
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 |
|---|---|---|---|---|
| HM&M GROUP, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HM&M GROUP, 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 | $4,740 | $355 | $4,385 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | $4,195 | $35 | $4,160 | — | — |