Plan Snapshot
- Plan Sponsor: Johnson-Grayson Automotive, INC.
- Sponsor EIN: 562341344
- Sponsor Address: 1009 HIGHWAY 82 WEST, WHITESBORO, TX, 76273
- Plan Type: 401(k)
- Total Participants: 178
- Total Assets: $3.1M
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 | 178 | $3.1M | $42,821 | $389,128 |
| 2023 | 205 | $2.5M | $38,292 | $437,590 |
| 2022 | 190 | $1.7M | $32,674 | $385,137 |
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 |
|---|---|---|---|---|
| TJ ADVISORS, LLC | 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 | $250,731 | — | $26,073 | — | — |
| 2023 | $106,225 | — | $3,664 | — | — |
| 2022 | $1,520 | — | $1,520 | — | — |