Plan Snapshot
- Plan Sponsor: Ho, INC. Dba Lexus Of Bellevue
- Sponsor EIN: 911438162
- Sponsor Address: 101 116TH AVE SE, BELLEVUE, WA, 98004
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 1,151
- Total Assets: $70.9M
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. |
|---|---|---|---|---|
| 2025 | 1,151 | $70.9M | $0 | $0 |
| 2024 | 869 | $58.9M | $695,126 | $4.4M |
| 2023 | 701 | $51.4M | $586,524 | $4.3M |
| 2022 | 744 | $42.3M | $767,698 | $4.2M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK | Other Service Provider | $96,672 | — | $96,672 |
| GLOBAL RETIREMENT PARTNERS | Other Service Provider | $20,000 | — | $20,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $116,672
- Estimated Expense Ratio: 0.165% 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 |
|---|---|---|---|---|---|
| 2025 | $3,711,394 | $20,000 | $96,672 | — | — |
| 2024 | $104,058 | $20,000 | $84,058 | — | — |
| 2023 | $88,692 | $20,000 | $68,692 | — | — |
| 2022 | $74,420 | $15,000 | $59,420 | — | — |