Plan Snapshot
- Plan Sponsor: Lafontaine Motors, INC.
- Sponsor EIN: 382307028
- Sponsor Address: 4000 W HIGHLAND RD, HIGHLAND, MI, 48357
- Plan Type: 401(k)
- Total Participants: 2,081
- Total Assets: $58.2M
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 | 2,081 | $58.2M | $282,145 | $9.2M |
| 2023 | 2,034 | $48.2M | $265,769 | $8.5M |
| 2022 | 1,894 | $35.1M | $242,294 | $7.9M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $133,093 | — | $133,093 |
| CAPFINANCIAL PARTNERS LLC DBA CAPTR | INVESTMENT ADVISOR | $61,952 | — | $61,952 |
| UHY ADVISORS MI INC | AUDITOR | $23,335 | — | $23,335 |
| UHY LLP | Auditor | $23,335 | — | $23,335 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $8,526 | — | $8,526 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UHY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $250,241
- Estimated Expense Ratio: 0.430% 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 | $226,906 | $70,478 | — | $23,335 | — |
| 2023 | $169,090 | $53,119 | — | — | — |
| 2022 | $182,523 | $80 | $182,443 | — | — |