Plan Snapshot
- Plan Sponsor: Lockhart Automotive Group, INC.
- Sponsor EIN: 351284797
- Sponsor Address: 9265 E. 126TH STREET, FISHERS, IN, 46038
- Plan Type: 401(k)
- Total Participants: 177
- Total Assets: $6.7M
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 | 177 | $6.7M | $65,880 | $363,662 |
| 2023 | 155 | $5.7M | $63,796 | $363,336 |
| 2022 | 138 | $4.9M | $57,226 | $387,011 |
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 |
|---|---|---|---|---|
| PLANCHEC(K) CPAS, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANCHEC(K) CPAS, LLC — Auditor
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 | $21,796 | $19,067 | $2,729 | — | — |
| 2023 | $35,014 | $15,716 | $14,556 | — | — |
| 2022 | $41,798 | $14,630 | $18,668 | — | $8,500 |