Plan Snapshot
- Plan Sponsor: Bob Turners Ford Country, INC. Dba Power Ford
- Sponsor EIN: 850381189
- Sponsor Address: 1101 MONTANO ROAD NORTH EAST, ALBUQUERQUE, NM, 87107
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 184
- Total Assets: $2.6M
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. |
|---|---|---|---|---|
| 2025 | 184 | $2.6M | $0 | $0 |
| 2024 | 142 | $2.6M | $0 | $350,826 |
| 2023 | 163 | $2.1M | $0 | $240,327 |
| 2022 | 142 | $1.8M | $0 | $168,937 |
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 |
|---|---|---|---|---|
| LEVEL FOUR ADVISOR SERVICES | Other Service Provider | $6,715 | — | $6,715 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,715
- Estimated Expense Ratio: 0.263% 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 |
|---|---|---|---|---|---|
| 2025 | $904,540 | $7,252 | $2,421 | — | — |
| 2024 | $27,085 | $6,456 | $20,629 | — | — |
| 2023 | $231,618 | — | — | — | — |
| 2022 | $17,786 | — | $17,786 | — | — |