Plan Snapshot
- Plan Sponsor: Sons Bavarian LLC Dba Bmw/Mini Of South Atlanta
- Sponsor EIN: 263902245
- Sponsor Address: 3621 VININGS SLOPE SE, ATLANTA, GA, 30339
- Plan Type: 401(k)
- Total Participants: 99
- Total Assets: $2.7M
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 | 99 | $2.7M | $30,602 | $319,786 |
| 2023 | 101 | $2.1M | $25,481 | $291,840 |
| 2022 | 103 | $1.7M | $21,086 | $262,471 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $9,971 | — | $9,971 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,971
- Estimated Expense Ratio: 0.370% 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 | $10,250 | — | $279 | — | — |
| 2023 | $7,538 | — | — | — | — |
| 2022 | $5,548 | — | $5,548 | — | — |