Plan Snapshot
- Plan Sponsor: Larson Motors, INC.
- Sponsor EIN: 910749566
- Sponsor Address: 4507 PACIFIC HWY E, SUITE A, FIFE, WA, 98424
- Plan Type: 401(k)
- Total Participants: 424
- Total Assets: $15.4M
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 | 424 | $15.4M | $366,478 | $1.3M |
| 2023 | 396 | $13.6M | $487,318 | $1.6M |
| 2022 | 451 | $12.3M | $573,201 | $2.0M |
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 |
|---|---|---|---|---|
| SPECTRUM PENSION CONSULTANTS, INC. | RECORDKEEPER | $33,567 | — | $33,567 |
| ASSUREDPARTNERS INVESTMENT ADVISORS | INVESTMENT ADVISOR | $8,213 | — | $8,213 |
| FORTUNE 360 GROUP | INVESTMENT ADVISOR | $7,646 | — | $7,646 |
| WITHUM SMITH & BROWN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ASSUREDPARTNERS INVESTMENT ADVISORS — INVESTMENT ADVISOR
- WITHUM SMITH & BROWN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,426
- Estimated Expense Ratio: 0.320% 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 | $49,426 | $15,859 | $33,567 | — | — |
| 2023 | $45,646 | — | $45,646 | — | — |
| 2022 | $35,105 | — | — | — | $35,105 |