Plan Snapshot
- Plan Sponsor: Koons Of Manassas, INC. Dba Joyc
- Sponsor EIN: 540682775
- Sponsor Address: 10660 AUTOMOTIVE DRIVE, MANASSAS, VA, 20109
- Plan Type: 401(k)
- Total Participants: 173
- Total Assets: $9.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 173 | $9.4M | $49,122 | $861,819 |
| 2023 | 188 | $8.3M | $64,302 | $932,622 |
| 2022 | 188 | $7.0M | $65,928 | $929,844 |
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 |
|---|---|---|---|---|
| COUNCILOR, BUCHANAN & MITCHELL | 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 | $44,979 | $21,305 | — | — | — |
| 2023 | $40,141 | $18,524 | — | — | — |
| 2022 | $38,438 | — | — | — | — |