Plan Snapshot
- Plan Sponsor: Apple Ford, INC.
- Sponsor EIN: 521750403
- Sponsor Address: 8800 STANFORD BOULEVARD, COLUMBIA, MD, 21045
- Plan Type: 401(k)
- Total Participants: 165
- Total Assets: $7.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 165 | $7.0M | $446,365 | $815,969 |
| 2023 | 193 | $5.8M | $438,154 | $822,170 |
| 2022 | 173 | $4.8M | $0 | $540,964 |
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 |
|---|---|---|---|---|
| NATIONWIDE | NONE | $23,065 | — | $23,065 |
| PROACCOUNT | INVESTMENT ADVISORY | $15,873 | — | $15,873 |
| LINCOLN FINANCIAL ADVISORS CORP | NONE | — | $7,025 | $7,025 |
| UHY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — NONE
- PROACCOUNT — INVESTMENT ADVISORY
- LINCOLN FINANCIAL ADVISORS CORP — NONE
- UHY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,963
- Estimated Expense Ratio: 0.652% 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 | $26,200 | — | $26,200 | — | — |
| 2023 | $16,331 | — | $16,331 | — | — |
| 2022 | $17,988 | $14,101 | $3,887 | — | — |