Plan Snapshot
- Plan Sponsor: Park Auto South, INC.
- Sponsor EIN: 341384107
- Sponsor Address: 855 COMMERCIAL PARKWAY, DOVER, OH, 44622
- Plan Type: 401(k)
- Total Participants: 171
- Total Assets: $5.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 171 | $5.4M | $124,194 | $548,600 |
| 2023 | 183 | $5.4M | $152,307 | $500,235 |
| 2022 | 152 | $4.5M | $143,270 | $500,432 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE CO OF AME | Recordkeeper | $22,836 | — | $22,836 |
| COMMONWEALTH FINANCIAL | Investment Advisor | $10,777 | — | $10,777 |
| REA & ASSOCIATES | Recordkeeper | $2,475 | $5,388 | $7,863 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- COMMONWEALTH FINANCIAL — Investment Advisor
- REA & ASSOCIATES — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,476
- Estimated Expense Ratio: 0.764% 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 | $36,595 | $11,284 | $2,475 | — | — |
| 2023 | $33,293 | $9,984 | $2,625 | — | — |
| 2022 | $31,403 | $9,270 | $18,963 | — | $3,170 |