Plan Snapshot
- Plan Sponsor: J. Velarde, INC. Dba Chrysler Jeep Dodge Center
- Sponsor EIN: 208517651
- Sponsor Address: 79200 VARNER ROAD, INDIO, CA, 92203
- Plan Type: 401(k)
- Total Participants: 137
- Total Assets: $3.1M
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. |
|---|---|---|---|---|
| 2024 | 137 | $3.1M | $0 | $364,670 |
| 2023 | 140 | $2.5M | $0 | $375,285 |
| 2022 | 129 | $2.6M | $0 | $406,321 |
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 |
|---|---|---|---|---|
| TRANSAMERICA FINANCIAL LIFE INS | Recordkeeper | $22,967 | — | $22,967 |
| ADMIN. GROUP, LLC DBA TAG RESOURCES | Recordkeeper | $14,212 | — | $14,212 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA FINANCIAL LIFE INS — Recordkeeper
- ADMIN. GROUP, LLC DBA TAG RESOURCES — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,179
- Estimated Expense Ratio: 1.218% 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 | $37,179 | — | — | — | — |
| 2023 | $32,228 | — | $12,267 | — | — |
| 2022 | $31,554 | — | $31,554 | — | — |