Plan Snapshot
- Plan Sponsor: Stokes Automotive, INC.
- Sponsor EIN: 570540053
- Sponsor Address: 8650 RIVERS AVENUE, NORTH CHARLESTON, SC, 29406
- Plan Type: 401(k)
- Total Participants: 241
- Total Assets: $12.5M
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 | 241 | $12.5M | $143,339 | $1.1M |
| 2023 | 244 | $11.1M | $151,624 | $1.2M |
| 2022 | 225 | $11.6M | $1.2M | $0 |
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 |
|---|---|---|---|---|
| MCGREGOR & CO, LLP | 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 | $64,268 | $28,272 | $35,996 | — | — |
| 2023 | $39,724 | $9,638 | $30,086 | — | — |
| 2022 | $52,088 | — | $52,088 | — | — |