Plan Snapshot
- Plan Sponsor: White Drive Motors And Steering, LLC
- Sponsor EIN: 862586587
- Sponsor Address: 110 BILL BRYAN BLVD, HOPKINSVILLE, KY, 42240
- Plan Type: 401(k)
- Total Participants: 178
- Total Assets: $12.3M
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 | 178 | $12.3M | $940,343 | $1.1M |
| 2023 | 350 | $13.1M | $1.4M | $1.6M |
| 2022 | 328 | $9.6M | $981,145 | $1.1M |
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 |
|---|---|---|---|---|
| LBMC | Auditor | $19,018 | — | $19,018 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LBMC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,018
- Estimated Expense Ratio: 0.155% 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 | $108,137 | $12,330 | — | $19,018 | — |
| 2023 | $83,736 | $11,736 | — | — | — |
| 2022 | $52,210 | $9,754 | $42,456 | — | — |