Plan Snapshot
- Plan Sponsor: Al Piemonte Ford Sales INC
- Sponsor EIN: 363100902
- Sponsor Address: 2500 NORTH AVENUE, MELROSE PARK, IL, 60160
- Plan Type: 401(k)
- Total Participants: 251
- Total Assets: $9.6M
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 | 251 | $9.6M | $229,061 | $808,082 |
| 2023 | 259 | $8.2M | $239,280 | $893,148 |
| 2022 | 252 | $6.3M | $289,132 | $946,419 |
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 |
|---|---|---|---|---|
| LASALLE STREET SECURITIES LLC | INVESTMENT ADVISOR | $33,218 | — | $33,218 |
| MOWERY & SCHOENFELD LLC | AUDITOR | $16,250 | — | $16,250 |
| MOWERY & SCHOENFELD, LLC | Auditor | $16,250 | — | $16,250 |
| CAPITAL GROUP RETIREMENT PLAN SVCS. | RECORDKEEPER | $10,890 | — | $10,890 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MOWERY & SCHOENFELD LLC — AUDITOR
- MOWERY & SCHOENFELD, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $76,608
- Estimated Expense Ratio: 0.799% 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 | $60,408 | $33,218 | — | $16,250 | — |
| 2023 | $54,909 | $26,510 | — | $15,500 | — |
| 2022 | $54,839 | $15,890 | $24,949 | — | — |