Plan Snapshot
- Plan Sponsor: Bomnin Automotive, LLC Dba
- Sponsor EIN: 813872123
- Sponsor Address: 11701 SW 152ND STREET, MIAMI, FL, 33177
- Plan Type: 401(k)
- Total Participants: 787
- Total Assets: $6.1M
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 | 787 | $6.1M | $128,666 | $1.3M |
| 2023 | 622 | $4.6M | $89,106 | $1.1M |
| 2022 | 491 | $2.9M | $44,614 | $811,594 |
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 |
|---|---|---|---|---|
| DE LA HOZ PEREZ & BARBEITO 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 | $7,808 | $2,158 | $4,500 | — | — |
| 2023 | $4,142 | $542 | $2,400 | — | — |
| 2022 | $5,965 | — | $5,965 | — | — |