Plan Snapshot
- Plan Sponsor: Lawrence Hall Chevrolet, INC.
- Sponsor EIN: 751165916
- Sponsor Address: 1385 SOUTH DANVILLE, ABILENE, TX, 79605
- Plan Type: 401(k)
- Total Participants: 197
- Total Assets: $4.8M
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 | 197 | $4.8M | $0 | $469,643 |
| 2023 | 202 | $3.9M | $0 | $401,574 |
| 2022 | 198 | $3.3M | $0 | $436,203 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH RETIREMENT & BENEFIT | NONE | $18,135 | — | $18,135 |
| CONDLEY & COMPANY LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,135
- Estimated Expense Ratio: 0.378% 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 | $19,892 | $18,135 | $1,757 | — | — |
| 2023 | $17,155 | $14,965 | $2,190 | — | — |
| 2022 | $15,206 | $13,687 | $1,519 | — | — |