Plan Snapshot
- Plan Sponsor: Drivers Village, INC.
- Sponsor EIN: 161614967
- Sponsor Address: 5885 EAST CIRCLE DRIVE, CICERO, NY, 130398604
- Plan Type: 401(k)
- Total Participants: 349
- Total Assets: $33.7M
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 | 349 | $33.7M | $377,863 | $1.9M |
| 2023 | 341 | $28.4M | $372,411 | $1.9M |
| 2022 | 324 | $23.1M | $365,661 | $1.8M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $67,566 | — | $67,566 |
| NORTHWESTERN MUTUAL INVST SERVICES | OTHER SERVICES | — | $12,178 | $12,178 |
| DANNIBLE & MCKEE, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NORTHWESTERN MUTUAL INVST SERVICES — OTHER SERVICES
- DANNIBLE & MCKEE, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $79,744
- Estimated Expense Ratio: 0.237% 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 | $67,566 | — | $67,566 | — | — |
| 2023 | $55,919 | — | $55,919 | — | — |
| 2022 | $53,047 | — | $53,047 | — | — |