Plan Snapshot
- Plan Sponsor: Bella Automotive Group, Ltd.
- Sponsor EIN: 650185597
- Sponsor Address: 5895 NW 167TH STREET, MIAMI, FL, 33015
- Plan Type: 401(k)
- Total Participants: 460
- Total Assets: $17.3M
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 | 460 | $17.3M | $151,459 | $1.8M |
| 2023 | 448 | $14.8M | $178,749 | $1.8M |
| 2022 | 440 | $11.7M | $161,798 | $1.8M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH | INVESTMENT ADVISOR | $24,347 | — | $24,347 |
| JOHN HANCOCK LIFE INSURANCE CO | RECORDKEEPER | $11,800 | — | $11,800 |
| BDO USA P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERRILL LYNCH — INVESTMENT ADVISOR
- JOHN HANCOCK LIFE INSURANCE CO — RECORDKEEPER
- BDO USA P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,147
- Estimated Expense Ratio: 0.209% 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 | $142,472 | $48,695 | $65,501 | — | — |
| 2023 | $99,077 | $39,925 | $53,432 | — | — |
| 2022 | $86,810 | $35,436 | — | — | $51,374 |