Plan Snapshot
- Plan Sponsor: Tom Nehl Truck Company
- Sponsor EIN: 590840355
- Sponsor Address: 417 S. EDGEWOOD AVENUE, JACKSONVILLE, FL, 32254
- Plan Type: 401(k)
- Total Participants: 256
- Total Assets: $16.9M
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 | 256 | $16.9M | $354,897 | $1.6M |
| 2023 | 270 | $14.8M | $339,788 | $1.5M |
| 2022 | 266 | $12.6M | $312,427 | $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 |
|---|---|---|---|---|
| MAI CAPITAL MANAGEMENT, LLC | Other Service Provider | — | $36,786 | $36,786 |
| VOYA RETIREMENT INSURANCE AND ANNUI | Other Service Provider | $18,650 | — | $18,650 |
| VOYA RETIREMENT ADVISORS, LLC | Other Service Provider | $11,551 | — | $11,551 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,987
- Estimated Expense Ratio: 0.396% 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 | $30,201 | $12,763 | $5,150 | — | — |
| 2023 | $28,176 | $14,870 | $4,850 | — | — |
| 2022 | $25,429 | — | — | — | — |