Plan Snapshot
- Plan Sponsor: Gulf Coast Motor Sales INC.
- Sponsor EIN: 650452841
- Sponsor Address: 470 SCHILLINGER ROAD SOUTH, MOBILE, AL, 36695
- Plan Type: 401(k)
- Total Participants: 296
- Total Assets: $9.6M
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 | 296 | $9.6M | $146,535 | $790,164 |
| 2023 | 294 | $9.1M | $160,534 | $888,988 |
| 2022 | 298 | $7.1M | $166,440 | $922,281 |
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 |
|---|---|---|---|---|
| REYNOLDS BONE AND GRIESBECK PLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- REYNOLDS BONE AND GRIESBECK PLC — 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 | $1,398 | — | $1,398 | — | — |
| 2023 | $2,224 | — | $2,224 | — | — |
| 2022 | $5,600 | — | $5,600 | — | — |