Plan Snapshot
- Plan Sponsor: Maita Auto Group
- Sponsor EIN: 942619517
- Sponsor Address: 2500 AUBURN BLVD., SACRAMENTO, CA, 95825
- Plan Type: 401(k)
- Total Participants: 496
- Total Assets: $36.0M
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 | 496 | $36.0M | $90,000 | $1.9M |
| 2023 | 510 | $32.8M | $90,000 | $1.8M |
| 2022 | 504 | $28.5M | $90,000 | $2.0M |
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 O | RECORDKEEPER | $101,023 | — | $101,023 |
| WELLS FARGO ADVISORS FIN NETWORK LL | BROKER/ADVISER | — | $66,568 | $66,568 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $13,509 | — | $13,509 |
| SILICON VALLEY ACCOUNTANCY | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $181,100
- Estimated Expense Ratio: 0.503% 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 | $114,532 | $13,509 | — | — | — |
| 2023 | $96,511 | $9,815 | — | — | — |
| 2022 | $110,428 | $9,223 | $101,205 | — | — |