# Parkway Chevrolet, INC. 401(k) Plan
Source: https://planprovider.pro/companies/parkway-chevrolet-inc-401k-plan-002

> Parkway Chevrolet, INC.&#39;s 401(k) plan: 250 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Parkway Chevrolet, INC.

- **Sponsor EIN:** 742053733

- **Sponsor Address:** 25500 STATE HIGHWAY 249, TOMBALL, TX, 77375

- **Plan Type:** 401(k)

- **Total Participants:** 250

- **Total Assets:** $6.2M

## 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|250|$6.2M|$250,557|$1.2M|

| 2023|247|$4.5M|$103|$1.1M|

| 2022|214|$3.0M|$100,000|$1.0M|

## 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|

| ASCENSUS LLC|NONE|$57,527|—|$57,527|

| LANE GORMAN TRUBITT, LLC|NONE|$27,233|—|$27,233|

| ONE DIGITAL INVESTMENT ADVISORS|NONE|$5,360|—|$5,360|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [LANE GORMAN TRUBITT, LLC](https://planprovider.pro/provider/lane-gorman-trubitt-llc) — NONE

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $90,120

- **Estimated Expense Ratio:** 1.459% 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|$92,085|—|$83,071|—|—|

| 2023|$55,077|—|$50,747|—|—|

| 2022|$33,582|$3,085|$30,497|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/parkway-chevrolet-inc-401k-plan-002)

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