Plan Snapshot
- Plan Sponsor: Gerald Jones Automotive Group
- Sponsor EIN: 581181145
- Sponsor Address: 4022 WASHINGTON ROAD, AUGUSTA, GA, 30907
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 369
- Total Assets: $11.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2025 | 369 | $11.3M | $0 | $0 |
| 2024 | 342 | $10.7M | $81,715 | $908,175 |
| 2023 | 294 | $10.1M | $73,854 | $953,680 |
| 2022 | 250 | $8.1M | $69,544 | $908,573 |
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 |
|---|---|---|---|---|
| ECONOMIC GROUP PENSION 22,690.73 SE | Other Service Provider | $2,320 | $22,691 | $25,011 |
| FIRETHORN WEALTH PARTNERS | Other Service Provider | $18,282 | — | $18,282 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $15,978 | — | $15,978 |
| WEALTH PLAN INVESTMENT MANAGEMENT L | Investment Advisor | $5,350 | — | $5,350 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,621
- Estimated Expense Ratio: 0.570% 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 |
|---|---|---|---|---|---|
| 2025 | $1,793,134 | $16,936 | $33,474 | — | — |
| 2024 | $99,441 | $36,089 | $63,352 | — | — |
| 2023 | $68,842 | — | — | — | — |
| 2022 | $58,663 | $28,275 | $30,388 | — | — |