Plan Snapshot
- Plan Sponsor: M&M Luxury Automotive, LLC
- Sponsor EIN: 472678409
- Sponsor Address: 45001 NORTHPOINTE, UTICA, MI, 48315
- Plan Type: 401(k)
- Total Participants: 119
- Total Assets: $9.3M
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 | 119 | $9.3M | $101,615 | $512,955 |
| 2023 | 107 | $8.0M | $98,653 | $562,750 |
| 2022 | 123 | $7.8M | $81,400 | $539,366 |
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 |
|---|---|---|---|---|
| BESTEN & DIERUF, PLLC | 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 | $47,883 | $29,101 | $16,578 | — | — |
| 2023 | $45,052 | $26,138 | $18,914 | — | — |
| 2022 | $47,704 | $28,510 | $19,194 | — | — |