Plan Snapshot
- Plan Sponsor: Nelson Automotive, INC.
- Sponsor EIN: 201166802
- Sponsor Address: 10010 S.MEMORIAL DRIVE, TULSA, OK, 74133
- Plan Type: 401(k)
- Total Participants: 290
- Total Assets: $13.6M
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 | 290 | $13.6M | $738,417 | $1.0M |
| 2023 | 298 | $11.7M | $723,040 | $988,036 |
| 2022 | 267 | $8.9M | $702,819 | $950,772 |
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 |
|---|---|---|---|---|
| BROWN, CHISM & THOMPSON | Auditor | $12,600 | — | $12,600 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,600
- Estimated Expense Ratio: 0.093% 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 | $52,598 | $30,676 | — | $12,600 | — |
| 2023 | $46,326 | $24,174 | $9,815 | $12,000 | — |
| 2022 | $53,183 | $29,183 | $12,000 | — | $12,000 |