Plan Snapshot
- Plan Sponsor: Sterling Automotive Group
- Sponsor EIN: 721291076
- Sponsor Address: 5504 I-49 NORTH SERVICE ROAD, OPELOUSAS, LA, 70570
- Plan Type: 401(k)
- Total Participants: 751
- Total Assets: $9.1M
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 | 751 | $9.1M | $327,682 | $871,954 |
| 2023 | 754 | $8.1M | $319,362 | $839,951 |
| 2022 | 355 | $6.5M | $328,831 | $904,312 |
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 |
|---|---|---|---|---|
| KOLDER, SLAVEN & COMPANY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KOLDER, SLAVEN & COMPANY, LLC — 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 | $56,557 | — | — | — | — |
| 2023 | $68,671 | — | — | — | — |
| 2022 | $57,775 | — | $57,775 | — | — |