Plan Snapshot
- Plan Sponsor: Cavallo Automotive, INC.
- Sponsor EIN: 262876689
- Sponsor Address: 1477 WILMINGTON PIKE, WEST CHESTER, PA, 19382
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 44
- Total Assets: $86,914
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 44 | $86,914 | $421,073 | $193,149 |
| 2023 | 45 | $28,383 | $413,918 | $158,733 |
| 2022 | 48 | $24,636 | $378,017 | $133,224 |
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 |
|---|---|---|---|---|
| TYCOR BENEFIT ADMINISTRATORS, INC. | Investment Advisor | $21,520 | — | $21,520 |
| THE BENECON GROUP, LLC | Investment Advisor | $16,902 | — | $16,902 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $7,465 | — | $7,465 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,887
- Estimated Expense Ratio: 52.796% 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 | $535,359 | — | — | — | — |
| 2023 | $590,000 | — | — | — | — |
| 2022 | $522,597 | — | — | — | — |