Plan Snapshot
- Plan Sponsor: Bill Brown Ford, INC.
- Sponsor EIN: 382326648
- Sponsor Address: 32222 PLYMOUTH RD, LIVONIA, MI, 48150
- Plan Type: 401(k)
- Total Participants: 1
- Total Assets: $4.7M
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 | 1 | $4.7M | $86,632 | $1.3M |
| 2023 | 276 | $17.3M | $76,721 | $1.7M |
| 2022 | 243 | $16.5M | $82,956 | $1.6M |
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 |
|---|---|---|---|---|
| PLANTE & MORAN PLLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $48,109 | $37,459 | $8,350 | — | — |
| 2023 | $58,368 | $56,568 | $1,350 | — | — |
| 2022 | $45,553 | — | — | — | — |