Plan Snapshot
- Plan Sponsor: Mcelroy Truck Lines, INC.
- Sponsor EIN: 630575574
- Sponsor Address: PO BOX 104, CUBA, AL, 36907
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 462
- Total Assets: $509,376
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 462 | $509,376 | $2.1M | $1.6M |
| 2023 | 487 | $4,300 | $1.7M | $1.7M |
| 2022 | 523 | $157,771 | $1.5M | $1.8M |
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 |
|---|---|---|---|---|
| UMR, INC. | Other Service Provider | $231,679 | $10,989 | $242,668 |
| DELTA DENTAL INSURANCE COMPANY | Other Service Provider | $13,801 | — | $13,801 |
| UNUM LIFE INSURANCE COMPANY | Other Service Provider | $9,503 | — | $9,503 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $265,972
- Estimated Expense Ratio: 52.215% 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 | $256,685 | — | $254,983 | — | — |
| 2023 | $390,603 | — | $388,833 | — | — |
| 2022 | $250,678 | — | $248,935 | — | — |