Plan Snapshot
- Plan Sponsor: Ada Motors, INC. Dba Burien Toyota Scion
- Sponsor EIN: 911430800
- Sponsor Address: 15025 1ST AVE. SOUTH, BURIEN, WA, 98148
- Plan Type: 401(k)
- Total Participants: 85
- Total Assets: $10.9M
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 | 85 | $10.9M | $100,903 | $440,256 |
| 2023 | 91 | $9.9M | $104,276 | $447,580 |
| 2022 | 91 | $7.9M | $68,629 | $502,063 |
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 |
|---|---|---|---|---|
| BDO USA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $2,377 | — | — | — | — |
| 2023 | $7,609 | — | — | — | — |
| 2022 | $1,275 | — | $1,275 | — | — |