Plan Snapshot
- Plan Sponsor: Purecars Technologies LLC
- Sponsor EIN: 834267257
- Sponsor Address: 931 MONROE DR. NE, SUITE A102 #359, ATLANTA, GA, 30308
- Plan Type: 401(k)
- Total Participants: 207
- Total Assets: $8.6M
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 | 207 | $8.6M | $372,084 | $1.3M |
| 2023 | 207 | $6.8M | $410,487 | $1.4M |
| 2022 | 183 | $5.3M | $270,370 | $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 |
|---|---|---|---|---|
| GUIDELINE, INC. | Recordkeeper | $20,011 | — | $20,011 |
| BENEFIT TRUST COMPANY | Custodian / Trustee | — | $6,199 | $6,199 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GUIDELINE, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,210
- Estimated Expense Ratio: 0.307% 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 | $22,091 | $18,691 | — | — | — |
| 2023 | $12,834 | $10,882 | — | — | — |
| 2022 | $29,519 | $29,519 | — | — | — |