Plan Snapshot
- Plan Sponsor: Eide Ford Lincoln Mercury, INC.
- Sponsor EIN: 450364160
- Sponsor Address: 800 E BISMARCK EXPRESSWAY, BISMARCK, ND, 58504
- Plan Type: 401(k)
- Total Participants: 707
- Total Assets: $11.6M
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 | 707 | $11.6M | $344,278 | $1.2M |
| 2023 | 233 | $9.4M | $308,938 | $1.1M |
| 2022 | 205 | $7.3M | $198,977 | $812,501 |
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 |
|---|---|---|---|---|
| BRADY, MARTZ & ASSOCIATES, P.C. | ACCOUNTANT/AUDITOR | $11,200 | — | $11,200 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $9,893 | — | $9,893 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BRADY, MARTZ & ASSOCIATES, P.C. — ACCOUNTANT/AUDITOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,093
- Estimated Expense Ratio: 0.182% 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 | $22,748 | $1,655 | — | $11,200 | — |
| 2023 | $20,903 | $197 | — | $11,000 | — |
| 2022 | $18,163 | — | — | — | — |