Plan Snapshot
- Plan Sponsor: Kelley Automotive Group LLC
- Sponsor EIN: 351707660
- Sponsor Address: 555 GRAND NATIONAL DRIVE, FORT WAYNE, IN, 46804
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 309
- Total Assets: $1.9M
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 | 309 | $1.9M | $2.7M | $1.2M |
| 2023 | 302 | $2.0M | $2.6M | $1.1M |
| 2022 | 287 | $2.4M | $2.3M | $968,919 |
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 |
|---|---|---|---|---|
| TOKIO MARINE HHS | Insurance Carrier | $475,074 | — | $475,074 |
| UNIFIED GROUP SERVICES, INC. | Other Service Provider | $103,376 | — | $103,376 |
| CIGNA OAP | Other Service Provider | $69,617 | — | $69,617 |
| STAR INSURANCE AGENCY | Other Service Provider | $51,307 | — | $51,307 |
| ACTIVE HEALTH MANAGEMENT | Other Service Provider | $5,549 | — | $5,549 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $704,923
- Estimated Expense Ratio: 37.609% 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 | $195,275 | — | $171,275 | $24,000 | — |
| 2023 | $130,267 | — | $106,767 | — | — |
| 2022 | $105,706 | — | $83,206 | — | $22,500 |