Plan Snapshot
- Plan Sponsor: Gunther Motor Company Of Plantation, INC.
- Sponsor EIN: 591170702
- Sponsor Address: 1660 S STATE ROAD 7, DAVIE, FL, 333176408
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 585
- Total Assets: $38.9M
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. |
|---|---|---|---|---|
| 2025 | 585 | $38.9M | $0 | $0 |
| 2024 | 538 | $34.4M | $342,600 | $2.6M |
| 2023 | 502 | $29.8M | $528,838 | $2.7M |
| 2022 | 492 | $25.9M | $536,934 | $2.7M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $85,155 | — | $85,155 |
| INVESTMENT RESEARCH ADVISORY GROUP | Investment Advisor | $34,991 | $3,516 | $38,507 |
| SMITH & HOWARD, PC | Other Service Provider | — | $15,000 | $15,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $138,662
- Estimated Expense Ratio: 0.356% 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 | $3,439,546 | $34,991 | $85,155 | — | — |
| 2024 | $113,276 | $34,990 | $78,286 | — | — |
| 2023 | $51,400 | $9,804 | $41,596 | — | — |
| 2022 | $3,616 | — | $3,616 | — | — |