Plan Snapshot
- Plan Sponsor: Parts Authority LLC
- Sponsor EIN: 812962479
- Sponsor Address: 3 DAKOTA DRIVE, SUITE 110, LAKE SUCCESS, NY, 11042
- Plan Type: 401(k)
- Total Participants: 5,675
- Total Assets: $77.5M
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 | 5,675 | $77.5M | $1.3M | $9.1M |
| 2023 | 5,871 | $67.3M | $1.3M | $8.8M |
| 2022 | 6,102 | $54.4M | $1.2M | $8.0M |
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 |
|---|---|---|---|---|
| KWM CPAS LLP | 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 | $375,193 | $230,654 | — | — | — |
| 2023 | $321,618 | $45,000 | — | — | — |
| 2022 | $283,654 | — | — | — | — |