# Shelor Motor Mile, INC. 401(k) Plan
Source: https://planprovider.pro/companies/shelor-motor-mile-inc-401k-plan

> Shelor Motor Mile, INC.'s 401(k) plan: 425 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Shelor Motor Mile, INC.

- **Sponsor EIN:** 542034939

- **Sponsor Address:** 2260 ROANOKE ST, CHRISTIANSBURG, VA, 24068

- **Plan Type:** 401(k)

- **Total Participants:** 425

- **Total Assets:** $22.3M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **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|425|$22.3M|$0|$1.7M|

| 2023|382|$18.9M|$0|$1.5M|

| 2022|433|$15.4M|$0|$1.4M|

## 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|

| BROWN EDWARDS & COMPANY L.L.P|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BROWN EDWARDS & COMPANY L.L.P](https://planprovider.pro/provider/brown-edwards-and-company-llp) — Auditor

## 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|$119,424|$46,445|—|—|—|

| 2023|$101,129|$38,228|—|—|—|

| 2022|$95,902|—|—|—|—|

## Similar Plans

- [Richmond Ford, LLC](https://planprovider.pro/companies/richmond-ford-llc-401k-plan) — 203 participants

- [Charles Barker Luxury Imports, INC.](https://planprovider.pro/companies/charles-barker-luxury-imports-inc-401k-plan) — 109 participants

- [Rbi Corporation](https://planprovider.pro/companies/rbi-corporation-401k-plan) — 100 participants

- [Skyline Automotive Distributors, INC.](https://planprovider.pro/companies/skyline-automotive-distributors-inc-401k-plan) — 1 participants

- [Gig Rentals INC.](https://planprovider.pro/companies/gig-rentals-inc-plan) — 1 participants

- [Fisher Auto Parts, INC.](https://planprovider.pro/companies/fisher-auto-parts-inc-401k-plan) — 6,186 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/shelor-motor-mile-inc-401k-plan)

© 2026 PlanProvider.Pro