Plan Snapshot
- Plan Sponsor: Clermont Motor Sales LLC
- Sponsor EIN: 204196188
- Sponsor Address: 16851 STATE ROAD 50, CLERMONT, FL, 34711
- Plan Type: 401(k)
- Total Participants: 137
- Total Assets: $2.0M
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 | 137 | $2.0M | $0 | $406,225 |
| 2023 | 136 | $1.7M | $0 | $411,265 |
| 2022 | 127 | $1.2M | $9,771 | $388,861 |
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 |
|---|---|---|---|---|
| AMERICAN UNITED LIFE INSURANCE CO | Other Service Provider | $4,585 | $17,434 | $22,019 |
| AMERIPRISE FNCL SERV LLC | Investment Advisor | — | $7,860 | $7,860 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERIPRISE FNCL SERV LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,879
- Estimated Expense Ratio: 1.490% 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 | $4,360 | — | $4,360 | — | — |
| 2023 | $3,712 | — | $3,712 | — | — |
| 2022 | $3,153 | — | $3,153 | — | — |