Plan Snapshot
- Plan Sponsor: Smith Automotive Group, LLC
- Sponsor EIN: 831658487
- Sponsor Address: 6889 JONESBORO ROAD, MORROW, GA, 30260
- Plan Type: 401(k)
- Total Participants: 192
- Total Assets: $4.1M
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 | 192 | $4.1M | $105,242 | $665,496 |
| 2023 | 260 | $3.8M | $95,316 | $800,173 |
| 2022 | 278 | $3.2M | $97,732 | $766,820 |
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 |
|---|---|---|---|---|
| SMITH & HOWARD ADVISORY, LLC | 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 | $18,754 | $1,392 | $17,362 | — | — |
| 2023 | $15,357 | $1,509 | $13,848 | — | — |
| 2022 | $29,197 | $336 | $28,861 | — | — |