Plan Snapshot
- Plan Sponsor: Checkered Flag Motor Car Company, INC.
- Sponsor EIN: 540755313
- Sponsor Address: 5225 VIRGINIA BEACH BLVD., VIRGINIA BEACH, VA, 23462
- Plan Type: 401(k)
- Total Participants: 578
- Total Assets: $32.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 578 | $32.2M | $592,733 | $3.0M |
| 2023 | 620 | $28.2M | $587,815 | $2.9M |
| 2022 | 652 | $24.7M | $641,216 | $3.0M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER AND S | RECORDKEEPER | $19,142 | — | $19,142 |
| WALL, EINHORN & CHERNITZER | CONSULTANT | $13,250 | — | $13,250 |
| ONEDIGITAL INVESTMENT ADVISORS LLC | CONSULTANT | $13,125 | — | $13,125 |
| WALL, EINHORN & CHERNITZER, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL INVESTMENT ADVISORS LLC — CONSULTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,517
- Estimated Expense Ratio: 0.141% 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 | $45,517 | $26,375 | — | — | — |
| 2023 | $53,030 | — | $19,360 | — | — |
| 2022 | $83,595 | — | — | — | — |