Plan Snapshot
- Plan Sponsor: Liberty Auto City, INC.
- Sponsor EIN: 362552178
- Sponsor Address: 1000 EAST PARK AVENUE, LIBERTYVILLE, IL, 600482951
- Plan Type: 401(k)
- Total Participants: 121
- Total Assets: $6.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 121 | $6.0M | $106,077 | $560,766 |
| 2023 | 113 | $5.5M | $155,693 | $607,077 |
| 2022 | 112 | $4.7M | $159,724 | $612,070 |
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 |
|---|---|---|---|---|
| KOLNICKI PETERSON WIRTH LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $51,215 | $24,246 | — | — | — |
| 2023 | $46,986 | — | $26,104 | — | — |
| 2022 | $46,249 | — | $22,836 | — | $23,413 |