Plan Snapshot
- Plan Sponsor: Bg Of Danbury LLC Dba Ingersoll Auto Of Danbury
- Sponsor EIN: 271291806
- Sponsor Address: 84 FEDERAL ROAD, DANBURY, CT, 06810
- Plan Type: 401(k)
- Total Participants: 157
- Total Assets: $15.4M
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 | 157 | $15.4M | $0 | $1.3M |
| 2023 | 152 | $13.1M | $0 | $1.1M |
| 2022 | 133 | $11.0M | $0 | $970,393 |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | Recordkeeper | $70,164 | — | $70,164 |
| COMMONWEALTH FINANCIAL GROUP | Investment Advisor | $35,735 | — | $35,735 |
| T R PAUL INC. | Recordkeeper | $16,514 | — | $16,514 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — Recordkeeper
- COMMONWEALTH FINANCIAL GROUP — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $122,413
- Estimated Expense Ratio: 0.793% 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 | $73,164 | — | $73,164 | — | — |
| 2023 | $59,817 | — | $59,817 | — | — |
| 2022 | $63,242 | — | $63,242 | — | — |