Plan Snapshot
- Plan Sponsor: Parker Towing Company, INC.
- Sponsor EIN: 630362042
- Sponsor Address: 1001 3RD STREET, TUSCALOOSA, AL, 35476
- Plan Type: 401(k)
- Total Participants: 451
- Total Assets: $45.0M
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 | 451 | $45.0M | $2.3M | $2.5M |
| 2023 | 361 | $38.4M | $2.3M | $2.3M |
| 2022 | 378 | $33.2M | $3.3M | $2.2M |
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 |
|---|---|---|---|---|
| JAMISON MONEY AND FARMER PC | 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 | $8,092 | — | $3,140 | — | — |
| 2023 | $16,188 | $2,580 | — | — | — |
| 2022 | $3,023 | — | $3,023 | — | — |