Plan Snapshot
- Plan Sponsor: Murphy Auto Group, INC.
- Sponsor EIN: 201673728
- Sponsor Address: 37048 US HWY 27, HAINES, FL, 33844
- Plan Type: 401(k)
- Total Participants: 288
- Total Assets: $6.0M
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 | 288 | $6.0M | $485,098 | $604,896 |
| 2023 | 324 | $5.3M | $448,161 | $756,815 |
| 2022 | 263 | $3.8M | $342,079 | $732,911 |
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 |
|---|---|---|---|---|
| RJA 338 FEE | Investment Advisor | $28,214 | — | $28,214 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RJA 338 FEE — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,214
- Estimated Expense Ratio: 0.468% 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 | $70,127 | — | $70,127 | — | — |
| 2023 | $39,307 | — | $39,307 | — | — |
| 2022 | $43,799 | $13,123 | — | — | — |