Plan Snapshot
- Plan Sponsor: Johnson Automotive
- Sponsor EIN: 010650111
- Sponsor Address: 4701 HIGHWAY 501, MYRTLE BEACH, SC, 29579
- Plan Type: 401(k)
- Total Participants: 487
- Total Assets: $9.5M
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 | 487 | $9.5M | $322,058 | $916,839 |
| 2023 | 519 | $8.4M | $363,450 | $930,782 |
| 2022 | 464 | $7.5M | $280,592 | $914,296 |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS, | Recordkeeper | $31,732 | — | $31,732 |
| WELLS FARGO ADVISORS LLC | Investment Advisor | $21,654 | — | $21,654 |
| CLIFTON LARSON ALLEN LLP | Auditor | $6,195 | — | $6,195 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS, — Recordkeeper
- CLIFTON LARSON ALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,581
- Estimated Expense Ratio: 0.627% 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 |
|---|---|---|---|---|---|
| 2024 | $59,695 | — | $59,695 | — | — |
| 2023 | $35,853 | — | $35,853 | — | — |
| 2022 | $17,096 | — | $17,096 | — | — |