Plan Snapshot
- Plan Sponsor: Daniel Martin, INC. Dba Wilkie Lexus & Lexus Of Chester Springs
- Sponsor EIN: 232565019
- Sponsor Address: 568 W. LANCASTER AVE., HAVERFORD, PA, 19041
- Plan Type: 401(k)
- Total Participants: 140
- Total Assets: $18.2M
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 | 140 | $18.2M | $420,224 | $640,712 |
| 2023 | 136 | $16.7M | $440,933 | $627,919 |
| 2022 | 138 | $13.7M | $397,568 | $627,442 |
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 |
|---|---|---|---|---|
| NATIONWIDE | Recordkeeper | $25,735 | — | $25,735 |
| MML INVESTORS SERVICES, LLC | Investment Advisor | $22,220 | — | $22,220 |
| DELAWARE VALLEY RETIREMENT, INC. | Recordkeeper | $9,929 | — | $9,929 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — Recordkeeper
- MML INVESTORS SERVICES, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $57,884
- 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 | $11,798 | — | $11,798 | — | — |
| 2023 | $100,185 | $7,552 | $14,053 | $19,950 | — |
| 2022 | $18,084 | — | — | — | $18,084 |