Plan Snapshot
- Plan Sponsor: Ford Motor Company
- Sponsor EIN: 380549190
- Sponsor Address: 1 AMERICAN ROAD, DEARBORN, MI, 48126
- Plan Type: DB
- Total Participants: 541
- Total Assets: $89.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 541 | $89.3M | $7.1M | $0 |
| 2023 | 782 | $98.3M | $3.0M | $0 |
| 2022 | 804 | $97.5M | $0 | $0 |
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 |
|---|---|---|---|---|
| ALIGHT SOLUTIONS, LLC | RECORD KEEPER | $63,376 | — | $63,376 |
| BDO USA, P.C. | ACCOUNTANT | $34,772 | — | $34,772 |
| STATE STREET BANK & TRUST COMPANY | NONE KNOWN | $11,349 | — | $11,349 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS, LLC — RECORD KEEPER
- BDO USA, P.C. — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $109,497
- Estimated Expense Ratio: 0.123% 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 | $1,405,627 | $213,656 | $63,377 | $34,772 | — |
| 2023 | $1,624,369 | $200,557 | $84,743 | $34,662 | — |
| 2022 | $1,522,549 | $287,552 | $79,325 | — | $24,564 |