Plan Snapshot
- Plan Sponsor: Family Ford, INC. Dba Brandon Ford
- Sponsor EIN: 593043050
- Sponsor Address: 9090 ADAMO DRIVE, TAMPA, FL, 33619
- Plan Type: 401(k)
- Total Participants: 231
- Total Assets: $11.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 231 | $11.7M | $0 | $1.1M |
| 2023 | 213 | $13.0M | $0 | $1.1M |
| 2022 | 208 | $10.0M | $2,125 | $1.1M |
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 |
|---|---|---|---|---|
| ROGERS CLEM & COMPANY | Auditor | — | — | $0 |
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 | $35,838 | — | $32,163 | — | — |
| 2023 | $34,170 | — | — | — | — |
| 2022 | $31,804 | — | $24,729 | — | — |