Plan Snapshot
- Plan Sponsor: Power Auto, INC.
- Sponsor EIN: 930795970
- Sponsor Address: 500 SW SUBLIMITY BLVD, SUBLIMITY, OR, 97385
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 274
- Total Assets: $8.8M
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. |
|---|---|---|---|---|
| 2025 | 274 | $8.8M | $0 | $0 |
| 2024 | 253 | $7.5M | $170,563 | $741,772 |
| 2023 | 271 | $6.5M | $216,640 | $815,199 |
| 2022 | 307 | $5.0M | $396,373 | $899,872 |
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 |
|---|---|---|---|---|
| RAYMOND JAMES FINANCIAL SERVICE | Investment Advisor | $23,954 | — | $23,954 |
| KIMBERLIN COMPANY, PLLC | Other Service Provider | $9,000 | — | $9,000 |
| ADP, INC. | Recordkeeper | $5,847 | — | $5,847 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,801
- Estimated Expense Ratio: 0.443% 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 |
|---|---|---|---|---|---|
| 2025 | $935,582 | $23,954 | — | $9,000 | — |
| 2024 | $71,901 | $41,703 | — | $9,000 | — |
| 2023 | $58,918 | $32,001 | — | $9,000 | — |
| 2022 | $43,115 | — | — | — | — |