Plan Snapshot
- Plan Sponsor: Boardwalk Auto Center, INC.
- Sponsor EIN: 942638147
- Sponsor Address: 1 BAIR ISLAND RD, REDWOOD CITY, CA, 94063
- Plan Type: 401(k)
- Total Participants: 69
- Total Assets: $8.9M
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 | 69 | $8.9M | $76,422 | $351,738 |
| 2023 | 70 | $7.5M | $0 | $327,589 |
| 2022 | 70 | $9.4M | $105,761 | $389,466 |
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 | Recordkeeper | $16,960 | — | $16,960 |
| MORGAN STANLEY SMITH BARNEY LLC | Investment Advisor | — | $10,228 | $10,228 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,188
- Estimated Expense Ratio: 0.306% 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 | $17,770 | $810 | — | — | — |
| 2023 | $10,594 | — | — | — | — |
| 2022 | $4,762 | $1,904 | — | — | — |