Plan Snapshot
- Plan Sponsor: Ford Audio-Video Systems, LLC
- Sponsor EIN: 730947837
- Sponsor Address: 4800 WEST I-40 SERVICE ROAD, OKLAHOMA CITY, OK, 73128
- Plan Type: 401(k)
- Total Participants: 545
- Total Assets: $30.6M
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 | 545 | $30.6M | $529,754 | $1.8M |
| 2023 | 355 | $26.0M | $475,537 | $1.6M |
| 2022 | 324 | $21.4M | $454,550 | $1.5M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $42,287 | — | $42,287 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $9,270 | — | $9,270 |
| WELLTH ADVISORY SERVICES LLC | Investment Advisor | $9,270 | — | $9,270 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $5,986 | — | $5,986 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- GLOBAL RETIREMENT PARTNERS LLC — Investment Advisor
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,813
- Estimated Expense Ratio: 0.218% 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 | $66,813 | $24,526 | — | — | — |
| 2023 | $60,639 | $23,975 | — | — | — |
| 2022 | $60,543 | $5,013 | — | — | — |