Plan Snapshot
- Plan Sponsor: Morse Chevrolet, INC.
- Sponsor EIN: 480727552
- Sponsor Address: 675 N RAWHIDE DRIVE, OLATHE, KS, 660613688
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 593
- Total Assets: $30.4M
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. |
|---|---|---|---|---|
| 2025 | 593 | $30.4M | $0 | $0 |
| 2024 | 486 | $26.7M | $260,034 | $2.9M |
| 2023 | 498 | $23.6M | $250,703 | $2.8M |
| 2022 | 482 | $21.3M | $242,662 | $2.6M |
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 |
|---|---|---|---|---|
| CBIZ INVESTMENT ADVISORY SERVICES | Investment Advisor | $81,811 | — | $81,811 |
| CAPITAL GROUP RETIREMENT PLAN SERVI | Other Service Provider | $43,956 | — | $43,956 |
| MHM RETIREMENT PLAN SOLUTIONS | Other Service Provider | $35,175 | — | $35,175 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $160,942
- Estimated Expense Ratio: 0.529% 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 |
|---|---|---|---|---|---|
| 2025 | $3,984,318 | $81,811 | — | — | — |
| 2024 | $154,599 | $72,426 | — | — | — |
| 2023 | $151,053 | $75,447 | — | $7,208 | — |
| 2022 | $151,834 | $77,213 | — | — | $37,488 |