Plan Snapshot
- Plan Sponsor: Ciocca Ford Of Quakertown INC
- Sponsor EIN: 232715152
- Sponsor Address: 2141 DOWNYFLAKE LANE, ALLENTOWN, PA, 18103
- Plan Type: 401(k)
- Total Participants: 1,955
- Total Assets: $57.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,955 | $57.9M | $2.1M | $7.0M |
| 2023 | 1,189 | $40.8M | $1.7M | $5.6M |
| 2022 | 1,130 | $29.0M | $1.2M | $3.9M |
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 |
|---|---|---|---|---|
| BOYER & RITTER | Auditor | $24,000 | — | $24,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,000
- Estimated Expense Ratio: 0.041% 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 | $68,596 | $5,687 | — | $24,000 | — |
| 2023 | $42,856 | $5,045 | — | $21,000 | — |
| 2022 | $30,649 | $2,054 | — | — | — |