Plan Snapshot
- Plan Sponsor: Motor-Services Hugo Stamp, INC.
- Sponsor EIN: 592347143
- Sponsor Address: 3190 S.W. 4TH AVENUE, FORT LAUDERDALE, FL, 33315
- Plan Type: 401(k)
- Total Participants: 473
- Total Assets: $66.6M
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 | 473 | $66.6M | $1.6M | $3.6M |
| 2023 | 306 | $36.5M | $973,067 | $2.5M |
| 2022 | 296 | $33.1M | $1.1M | $2.3M |
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 |
|---|---|---|---|---|
| PROVENANCE WEALTH ADVISORS LLC | INVESTMENT ADVISOR | $73,319 | — | $73,319 |
| METZ CPA, PLLC | Auditor | $21,159 | — | $21,159 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORD KEEPER | $20,633 | — | $20,633 |
| METZ & ASSOCIATES PLLC | AUDITOR | $11,000 | — | $11,000 |
| MOSS ADAMS LLP | AUDITOR | $10,159 | — | $10,159 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- METZ CPA, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $136,270
- Estimated Expense Ratio: 0.205% 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 | $115,111 | $73,319 | — | $21,159 | — |
| 2023 | $116,964 | $85,299 | — | $24,500 | — |
| 2022 | $225,493 | $19,496 | $199,997 | — | $6,000 |