Plan Snapshot
- Plan Sponsor: Maguire Automotive, LLC
- Sponsor EIN: 260547998
- Sponsor Address: 318 ELMIRA ROAD, ITHACA, NY, 14850
- Plan Type: 401(k)
- Total Participants: 493
- Total Assets: $17.1M
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. |
|---|---|---|---|---|
| 2023 | 493 | $17.1M | $518,087 | $1.5M |
| 2022 | 393 | $12.9M | $406,401 | $1.3M |
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 LIFE & ANNUITY INSURANCE CO | RECORDKEEPER | $93,468 | — | $93,468 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $5,890 | — | $5,890 |
| SCIARABBA WALKER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCIARABBA WALKER — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $99,358
- Estimated Expense Ratio: 0.579% 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 |
|---|---|---|---|---|---|
| 2023 | $49,679 | $2,945 | — | — | — |
| 2022 | $42,984 | — | $42,984 | — | — |