Plan Snapshot
- Plan Sponsor: Dealerdirect, LLC D/B/A Forddirect
- Sponsor EIN: 383550946
- Sponsor Address: 4 PARKLANE BLVD., DEARBORN, MI, 48126
- Plan Type: DC
- Total Participants: 314
- Total Assets: $60.3M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 314 | $60.3M | $2.0M | $4.2M |
| 2023 | 309 | $49.9M | $1.6M | $4.0M |
| 2022 | 317 | $38.2M | $1.6M | $3.8M |
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 |
|---|---|---|---|---|
| BDO USA, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — 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 | -$62,041 | — | — | — | — |
| 2023 | -$34,709 | $25,476 | $600 | — | — |
| 2022 | -$22,854 | $20,265 | — | — | — |