Plan Snapshot
- Plan Sponsor: Sg Chevrolet, LLC
- Sponsor EIN: 270499407
- Sponsor Address: 15303 ROYALTON ROAD, STRONGSVILLE, OH, 44136
- Plan Type: 401(k)
- Total Participants: 686
- Total Assets: $21.1M
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 | 686 | $21.1M | $254,597 | $2.5M |
| 2023 | 631 | $16.8M | $177,263 | $2.3M |
| 2022 | 606 | $12.2M | $152,607 | $2.1M |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | 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 | $90,807 | $34,334 | — | — | — |
| 2023 | $69,180 | $34,760 | — | — | — |
| 2022 | $58,887 | $1,214 | — | — | — |