Plan Snapshot
- Plan Sponsor: Berkshire Hathaway Automotive INC.
- Sponsor EIN: 472124505
- Sponsor Address: 8333 ROYAL RIDGE PARKWAY, IRVING, TX, 75063
- Plan Type: 401(k)
- Total Participants: 10,348
- Total Assets: $472.3M
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 | 10,348 | $472.3M | $3.9M | $41.4M |
| 2023 | 9,956 | $422.9M | $4.1M | $41.8M |
| 2022 | 9,690 | $352.3M | $3.9M | $43.8M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $45,900 | — | $45,900 |
| MARKSNELSON LLC | ACCOUNTANT/AUDITOR | $18,600 | — | $18,600 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- MARKSNELSON LLC — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,500
- Estimated Expense Ratio: 0.014% 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 | $65,700 | — | $1,500 | $18,600 | — |
| 2023 | $57,665 | — | $1,500 | $18,000 | — |
| 2022 | $135,125 | — | — | — | — |