Plan Snapshot
- Plan Sponsor: Turner Automotive Corp.
- Sponsor EIN: 231660234
- Sponsor Address: 4201 CHAMBERS HILL ROAD, HARRISBURG, PA, 17111
- Plan Type: 401(k)
- Total Participants: 100
- Total Assets: $6.3M
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 | 100 | $6.3M | $111,411 | $377,737 |
| 2023 | 109 | $6.5M | $112,446 | $370,860 |
| 2022 | 115 | $6.1M | $118,967 | $414,850 |
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 |
|---|---|---|---|---|
| LETORT MANAGEMENT & TRUST CO. | Other Service Provider | $45,658 | — | $45,658 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,658
- Estimated Expense Ratio: 0.724% 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 | $45,658 | $38,127 | — | — | — |
| 2023 | $44,909 | $38,342 | — | — | — |
| 2022 | $44,845 | — | — | — | $44,845 |