Plan Snapshot
- Plan Sponsor: Navarre Chevrolet, INC. Billy Navarre Chevrolet Of Lake Charles
- Sponsor EIN: 720943233
- Sponsor Address: 1310 EAST COLLEGE STREET, LAKE CHARLES, LA, 70607
- Plan Type: 401(k)
- Total Participants: 314
- Total Assets: $13.7M
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 | 314 | $13.7M | $169,423 | $867,935 |
| 2023 | 297 | $12.5M | $161,380 | $889,954 |
| 2022 | 307 | $10.6M | $225,919 | $837,461 |
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 |
|---|---|---|---|---|
| LANGLEY, WILLIAMS, & COMPANY | 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 | $80,111 | $76,827 | — | — | — |
| 2023 | $89,345 | $81,330 | — | — | — |
| 2022 | $66,260 | — | $66,260 | — | — |