Plan Snapshot
- Plan Sponsor: Jackmax Automotive, INC.
- Sponsor EIN: 630990353
- Sponsor Address: 1300 CENTERPOINT PARKWAY, BIRMINGHAM, AL, 35215
- Plan Type: 401(k)
- Total Participants: 486
- Total Assets: $12.9M
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. |
|---|---|---|---|---|
| 2024 | 486 | $12.9M | $553,234 | $1.4M |
| 2023 | 310 | $11.4M | $586,984 | $1.4M |
| 2022 | 277 | $8.8M | $578,117 | $1.4M |
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 |
|---|---|---|---|---|
| SMITH + HOWARD, P.C. | Auditor | — | — | $0 |
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 | $20,448 | — | $18,848 | — | — |
| 2023 | $25,020 | — | $25,020 | — | — |
| 2022 | $17,147 | — | $17,147 | — | — |