Plan Snapshot
- Plan Sponsor: Crossroads Ford, INC.
- Sponsor EIN: 561657419
- Sponsor Address: 11124 CAPITAL BLVD., WAKE FOREST, NC, 27587
- Plan Type: 401(k)
- Total Participants: 1,669
- Total Assets: $40.9M
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 | 1,669 | $40.9M | $488,380 | $3.1M |
| 2023 | 1,214 | $35.5M | $518,118 | $3.0M |
| 2022 | 952 | $28.8M | $520,016 | $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 |
|---|---|---|---|---|
| MELISSA G. CRITCHER, CPA, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MELISSA G. CRITCHER, CPA, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $32,334 | $26,734 | — | — | — |
| 2023 | $29,553 | $24,195 | — | — | — |
| 2022 | $23,006 | $18,681 | — | — | — |