Plan Snapshot
- Plan Sponsor: Jim Hudson Luxury Cars, INC.
- Sponsor EIN: 571033114
- Sponsor Address: 720 GRACERN ROAD, SUITE 101, COLUMBIA, SC, 29210
- Plan Type: 401(k)
- Total Participants: 608
- Total Assets: $40.8M
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 | 608 | $40.8M | $1.5M | $2.7M |
| 2023 | 489 | $33.1M | $1.4M | $2.5M |
| 2022 | 471 | $26.2M | $1.4M | $2.5M |
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 |
|---|---|---|---|---|
| MCGREGOR & COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MCGREGOR & COMPANY, LLP — 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 | $167,850 | — | $167,850 | — | — |
| 2023 | $136,923 | — | $136,923 | — | — |
| 2022 | $119,564 | — | $119,564 | — | — |