Plan Snapshot
- Plan Sponsor: Cnhi, LLC
- Sponsor EIN: 822664009
- Sponsor Address: 201 MONROE STREET, MONTGOMERY, AL, 36104
- Plan Type: 401(k)
- Total Participants: 565
- Total Assets: $64.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 565 | $64.2M | $122,812 | $1.6M |
| 2023 | 636 | $65.7M | $106,522 | $1.8M |
| 2022 | 1,802 | $61.5M | $143,635 | $1.9M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMIN | $61,209 | — | $61,209 |
| NOVA 401K ASOCIATES | CONTRACT ADMINISTRATOR | $30,737 | $25,015 | $55,752 |
| RSM US LLP | ACCOUNTANT | $35,696 | — | $35,696 |
| CAPSOUTH PARTNERS, INC. | INVESTMENT ADVISORY | $33,296 | — | $33,296 |
| ADMINISTRATIVE FIDUCIARY | CONTRACT ADMINISTRATOR | $18,170 | — | $18,170 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $204,123
- Estimated Expense Ratio: 0.318% 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 | $154,289 | — | $154,289 | — | — |
| 2023 | $185,330 | $34,679 | $85,779 | $64,872 | — |
| 2022 | $142,064 | — | $142,064 | — | — |