Plan Snapshot
- Plan Sponsor: Long Lewis Ford Of The Shoals, INC.
- Sponsor EIN: 631171028
- Sponsor Address: 201 S. COURT ST. STE 310, FLORENCE, AL, 356305688
- Plan Type: 401(k)
- Total Participants: 856
- Total Assets: $12.2M
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 | 856 | $12.2M | $84,514 | $1.7M |
| 2023 | 831 | $11.0M | $74,416 | $1.5M |
| 2022 | 523 | $8.6M | $68,637 | $1.4M |
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 |
|---|---|---|---|---|
| HENDERSON HUTCHERSON & MCCULLOUGH P | 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 | $99,235 | $45,815 | $53,420 | — | — |
| 2023 | $76,294 | $18,712 | $57,582 | — | — |
| 2022 | $57,503 | $5,069 | $52,434 | — | — |