Plan Snapshot
- Plan Sponsor: Dutchess Cars LLC
- Sponsor EIN: 260591779
- Sponsor Address: 1143 DUTCHESS TPKE, POUGHKEEPSIE, NY, 126031182
- Plan Type: 401(k)
- Total Participants: 185
- Total Assets: $8.6M
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 | 185 | $8.6M | $97,204 | $902,844 |
| 2023 | 177 | $7.0M | $121,585 | $924,050 |
| 2022 | 223 | $5.7M | $119,246 | $958,230 |
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 |
|---|---|---|---|---|
| PAYCHEX, INC. | RECORDKEEPER | $22,741 | — | $22,741 |
| LEVELIZED COMPENSATION ADVISOR | INVESTMENT ADVISORY | $15,969 | — | $15,969 |
| STRATEGIC FINANCIAL SERVICES | ADVISOR | $8,339 | — | $8,339 |
| ERISA FIDUCIARY SERVICES, INC. | CONTRACT ADMINISTRATOR | $5,800 | — | $5,800 |
| SATTY LEVINE & CIACCO CPAS PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,849
- Estimated Expense Ratio: 0.613% 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 | $54,110 | $24,308 | $28,942 | — | — |
| 2023 | $38,748 | $19,781 | $18,107 | — | — |
| 2022 | $44,393 | $18,294 | $26,099 | — | — |