Plan Snapshot
- Plan Sponsor: Gossett Motors
- Sponsor EIN: 621236154
- Sponsor Address: 1900 COVINGTON PIKE, MEMPHIS, TN, 38128
- Plan Type: 401(k)
- Total Participants: 409
- Total Assets: $14.9M
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 | 409 | $14.9M | $201,791 | $1.4M |
| 2023 | 407 | $12.6M | $116,085 | $1.4M |
| 2022 | 410 | $9.9M | $202,382 | $1.3M |
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 |
|---|---|---|---|---|
| EPIC RETIREMENT PLAN SERVICES | NONE | $92,199 | — | $92,199 |
| TILL, HESTER, EYER & BROWN, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EPIC RETIREMENT PLAN SERVICES — NONE
- TILL, HESTER, EYER & BROWN, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $92,199
- Estimated Expense Ratio: 0.617% 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 | $92,199 | $41,216 | — | — | — |
| 2023 | $82,077 | $22,088 | — | — | — |
| 2022 | $45,923 | — | $45,923 | — | — |