Plan Snapshot
- Plan Sponsor: Royal Trucking Company
- Sponsor EIN: 640702126
- Sponsor Address: P.O. BOX 387, WEST POINT, MS, 397730387
- Plan Type: 401(k)
- Total Participants: 35
- Total Assets: $2.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 35 | $2.1M | $16,923 | $106,874 |
| 2023 | 36 | $1.8M | $17,172 | $101,106 |
| 2022 | 120 | $1.6M | $16,926 | $110,987 |
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 |
|---|---|---|---|---|
| WATKINS, WARD, & STAFFORD, PLLC | Auditor | $30,465 | — | $30,465 |
| OAKWOOD CAPITAL MANAGEMENT, LLC | INVESTMENT MANAGEMENT | $15,848 | — | $15,848 |
| RENASANT BANK | INVESTMENT MANAGEMENT | $10,566 | — | $10,566 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WATKINS, WARD, & STAFFORD, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,879
- Estimated Expense Ratio: 2.764% 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 | $64,238 | $26,414 | $7,359 | $30,465 | — |
| 2023 | $22,052 | $19,252 | $2,800 | — | — |
| 2022 | $57,709 | $21,984 | — | — | $35,725 |