Plan Snapshot
- Plan Sponsor: Liberty Auto Group, Ltd.
- Sponsor EIN: 341926108
- Sponsor Address: 5500 WARRENSVILLE CENTER ROAD, MAPLE HEIGHTS, OH, 44137
- Plan Type: 401(k)
- Total Participants: 374
- Total Assets: $24.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 374 | $24.8M | $331,062 | $1.5M |
| 2023 | 392 | $22.3M | $351,218 | $1.6M |
| 2022 | 370 | $19.5M | $350,691 | $1.6M |
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 |
|---|---|---|---|---|
| KESTRA ADVISORY SERVICES, LLC | INVESTMENT ADVISORY-PLAN | $79,231 | — | $79,231 |
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORDKEEPER | $71,958 | — | $71,958 |
| REA & ASSOCIATES | AUDIT | $16,400 | — | $16,400 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA ADVISORY SERVICES, LLC — INVESTMENT ADVISORY-PLAN
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORDKEEPER
- REA & ASSOCIATES — AUDIT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $167,589
- Estimated Expense Ratio: 0.676% 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 | $167,589 | $79,231 | — | $16,400 | — |
| 2023 | $143,299 | $67,478 | — | $15,500 | — |
| 2022 | $133,393 | $65,690 | — | — | $13,800 |