Plan Snapshot
- Plan Sponsor: Toyota Boshoku Aki Usa, LLC
- Sponsor EIN: 842857865
- Sponsor Address: 301 WEST SANDERFER ROAD, ATHENS, AL, 35611
- Plan Type: 401(k)
- Total Participants: 515
- 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 | 515 | $2.7M | $356,697 | $773,933 |
| 2023 | 298 | $1.8M | $279,169 | $604,732 |
| 2022 | 246 | $1.1M | $204,909 | $445,971 |
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 |
|---|---|---|---|---|
| TRANSAMERICA FINANCIAL LIFE INS. CO | RECORDKEEPER | $30,679 | — | $30,679 |
| NOVA 401(K) ASSOCIATES LP | THIRD PARTY ADMINISTRATOR | $17,811 | $42 | $17,853 |
| BARNES DENNING | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA FINANCIAL LIFE INS. CO — RECORDKEEPER
- BARNES DENNING — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,532
- Estimated Expense Ratio: 1.792% 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 | $48,933 | — | $48,933 | — | — |
| 2023 | $37,262 | — | $37,262 | — | — |
| 2022 | $26,119 | — | — | — | $26,119 |