Plan Snapshot
- Plan Sponsor: Bill Jarrett Ford, INC.
- Sponsor EIN: 591637589
- Sponsor Address: 1305 US HIGHWAY 27 N, AVON PARK, FL, 33825
- Plan Type: 401(k)
- Total Participants: 418
- Total Assets: $17.6M
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 | 418 | $17.6M | $437,622 | $1.6M |
| 2023 | 525 | $15.2M | $440,439 | $1.5M |
| 2022 | 340 | $12.5M | $405,339 | $1.5M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $63,395 | — | $63,395 |
| RAYMOND JAMES | INVESTMENT ADVISOR | $33,398 | — | $33,398 |
| THE AIMPOINT GROUP LLC | TPA | $21,986 | — | $21,986 |
| SPOOR BUNCH FRANZ | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SPOOR BUNCH FRANZ — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $118,779
- Estimated Expense Ratio: 0.674% 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 | $21,549 | $13,257 | $8,292 | — | — |
| 2023 | $28,300 | $28,300 | — | — | — |
| 2022 | $66,700 | $58,129 | $8,571 | — | — |