Plan Snapshot
- Plan Sponsor: Celebrity Motor Cars LLC
- Sponsor EIN: 261880398
- Sponsor Address: 130 ROUTE 10 WEST, WHIPPANY, NJ, 07981
- Plan Type: 401(k)
- Total Participants: 310
- Total Assets: $26.4M
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 | 310 | $26.4M | $207,708 | $1.5M |
| 2023 | 324 | $22.5M | $186,922 | $1.3M |
| 2022 | 287 | $16.4M | $181,663 | $1.3M |
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 |
|---|---|---|---|---|
| CORNERSTONE PLANNING GROUP | INVESTMENT ADVISOR | $51,093 | — | $51,093 |
| JVA ACCOUNTANTS & ADVISORS, LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,093
- Estimated Expense Ratio: 0.194% 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 | $74,596 | — | $74,596 | — | — |
| 2023 | $574 | — | $574 | — | — |
| 2022 | $38,305 | — | $38,305 | — | — |