Plan Snapshot
- Plan Sponsor: Bloomington Ford, INC.
- Sponsor EIN: 351745314
- Sponsor Address: 2200 S. WALNUT ST., BLOOMINGTON, IN, 474016520
- Plan Type: 401(k)
- Total Participants: 275
- Total Assets: $2.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 275 | $2.5M | $0 | $182,240 |
| 2023 | 198 | $2.3M | $0 | $192,980 |
| 2022 | 178 | $1.9M | $0 | $223,064 |
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 |
|---|---|---|---|---|
| MCM CPAS & ADVISORS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MCM CPAS & ADVISORS LLP — Auditor
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 | $189,150 | — | $16,697 | — | — |
| 2023 | $127,887 | — | $14,746 | — | — |
| 2022 | $15,508 | — | — | — | — |