Plan Snapshot
- Plan Sponsor: Turner Automotive Corp.
- Sponsor EIN: 231660234
- Sponsor Address: 4201 CHAMBERS HILL ROAD, HARRISBURG, PA, 17111
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 84
- Total Assets: $168,360
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 84 | $168,360 | $725,349 | $299,141 |
| 2023 | 97 | $212,896 | $547,878 | $325,165 |
| 2022 | 108 | $397,702 | $670,629 | $306,706 |
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 |
|---|---|---|---|---|
| GUNN-MOWERY, LLC | Investment Advisor | $29,204 | — | $29,204 |
| THE BENECON GROUP, LLC | Investment Advisor | $14,686 | — | $14,686 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,890
- Estimated Expense Ratio: 26.069% 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 | $1,078,577 | — | — | — | — |
| 2023 | $345,628 | $16,049 | $44,902 | — | — |
| 2022 | $309,259 | $16,242 | $45,650 | — | — |