Plan Snapshot
- Plan Sponsor: Autonation, INC.
- Sponsor EIN: 731105145
- Sponsor Address: 200 SW 1ST AVENUE, FORT LAUDERDALE, FL, 33301
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 28,688
- Total Assets: $1.3B
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. |
|---|---|---|---|---|
| 2025 | 28,688 | $1.3B | $0 | $0 |
| 2024 | 25,202 | $1.1B | $25.2M | $86.4M |
| 2023 | 25,138 | $969.9M | $24.4M | $82.3M |
| 2022 | 23,182 | $791.2M | $19.5M | $78.0M |
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 |
|---|---|---|---|---|
| VOYA INSTITUTIONAL PLAN SERVICES | Other Service Provider | $1,071,476 | — | $1,071,476 |
| VOYA RETIREMENT ADVISORS | Investment Advisor | $689,664 | — | $689,664 |
| AON | Other Service Provider | $64,061 | — | $64,061 |
| KRONICK KALADA BERDY & CO., P.C. | Other Service Provider | $33,150 | — | $33,150 |
| GROOM | Other Service Provider | $26,014 | — | $26,014 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,884,365
- Estimated Expense Ratio: 0.149% 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 |
|---|---|---|---|---|---|
| 2025 | $129,126,296 | $689,664 | $222,836 | $33,150 | — |
| 2024 | $1,787,539 | $563,247 | $215,259 | $31,750 | — |
| 2023 | $1,410,602 | $387,429 | $187,947 | $30,750 | — |
| 2022 | $1,118,338 | $1,118,338 | — | — | — |