Plan Snapshot
- Plan Sponsor: Joe Basil Chevrolet
- Sponsor EIN: 161068991
- Sponsor Address: 5111 TRANSIT ROAD, DEPEW, NY, 14043
- Plan Type: 401(k)
- Total Participants: 143
- Total Assets: $16.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 143 | $16.9M | $237,816 | $837,237 |
| 2022 | 137 | $14.5M | $231,335 | $835,763 |
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 |
|---|---|---|---|---|
| EMPOWER LIFE AND ANNUITY INS. CO | RECORDKEEPER | $127,562 | — | $127,562 |
| LAWLEY RETIREMENT ADVISORS LLC | INVETMENT ADVISOR | $39,504 | — | $39,504 |
| PPS PENSION & FINANCIAL SERVICES | TPA | $6,654 | $23,720 | $30,374 |
| LASALLE ST SECURITIES LLC | SHAREHOLDER SRV PROVIDER | — | $6,198 | $6,198 |
| GLOBAL RETIREMENT PARTNERS | INVESTMENT ADVISOR | $6,184 | — | $6,184 |
| TRONCONI SEGARRA & ASSOCIATES LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS — INVESTMENT ADVISOR
- TRONCONI SEGARRA & ASSOCIATES LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $209,822
- Estimated Expense Ratio: 1.240% 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 |
|---|---|---|---|---|---|
| 2023 | $64,268 | — | $64,268 | — | — |
| 2022 | $69,781 | — | — | — | $69,781 |