Plan Snapshot
- Plan Sponsor: Brunswick Auto Mart, INC.
- Sponsor EIN: 341662358
- Sponsor Address: 3031 CENTER ROAD, BRUNSWICK, OH, 44212
- Plan Type: 401(k)
- Total Participants: 421
- Total Assets: $32.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 421 | $32.8M | $229,150 | $2.3M |
| 2023 | 419 | $29.4M | $287,038 | $2.4M |
| 2022 | 413 | $23.3M | $311,622 | $2.5M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $16,797 | — | $16,797 |
| VOYA RETIREMENT ADVISORS, LLC | SERVICE PROVIDER | $8,340 | — | $8,340 |
| MALONEY & NOVOTNY LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MALONEY & NOVOTNY LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,137
- Estimated Expense Ratio: 0.077% 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 | $25,138 | $8,388 | $13,450 | — | — |
| 2023 | $11,779 | $5,904 | $4,725 | — | — |
| 2022 | $13,133 | — | — | — | — |